Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Hyundai Motor Securities Announces a Rights Offering Involving a 49% Shares Dilution

FSS Puts a Break on Hyundai Motor Securities Rights Offering

A Review of Rights Offerings/Capital Raise Announcements in Korea in 2024

Hyundai Motor: Share Buyback of 1 Trillion Won and Trump's Tariffs

Douglas Research Advisory

Event-Driven

<ul>
<li>On 10 January, it was reported that Hyundai Motor Securities (001500 KS)'s 200 billion won capital increase plan passed the Financial Supervisory Service's review.</li>
<li>Based on the recent revised report to the FSS, Hyundai Motor Securities disclosed that there is a risk of loss in domestic real estate PF and overseas real estate investment.</li>
<li>The company's decision to proceed with the capital raise is likely to weaken its share price to below its expected rights offering price of 6,640 won in the coming weeks.</li>
</ul>


On 10 January, it was reported that Hyundai Motor Securities (001500 KS)'s 200 billion won capital increase plan passed the Financial Supervisory Service's review.
Based on the recent revised report to the FSS, Hyundai Motor Securities disclosed that there is a risk of loss in domestic real estate PF and overseas real estate investment.
The company's decision to proceed with the capital raise is likely to weaken its share price to below its expected rights offering price of 6,640 won in the coming weeks.


Hyundai Motor Securities: FSS Approves A 200 Billion Won Capital Raise + Rising Real Estate PF Risk