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

LX Holdings - NAV Analysis Suggests A Big Downside Risk

Chairman of LX Holdings Koo Bon-Joon Selling About 530 Billion Won Worth of LG Corp

Primer: LX Holdings (383800 KS) - Mar 2026

LG Corp Placement - Selldown by Bon Joon Has Probably Been in the Works for a While Now

Douglas Research Advisory

Event-Driven

<ul>
<li>On 10 August, it was reported that Koo Hyung-mo, President of LX MDI, has become the largest shareholder of LX Holdings (383800 KS). </li>
<li>President Koo Hyung-mo’s stake in LX Holdings increased from 12.15% previously to 20.15%. Chairman Koo Bon-joon’s stake decreased from 20.37% to 12.38% following the gift.</li>
<li>My NAV valuation suggests an implied market cap of 848 billion won or target price of 11,107 won per share, which represents a 39% upside from current levels.</li>
</ul>


On 10 August, it was reported that Koo Hyung-mo, President of LX MDI, has become the largest shareholder of LX Holdings (383800 KS). 
President Koo Hyung-mo’s stake in LX Holdings increased from 12.15% previously to 20.15%. Chairman Koo Bon-joon’s stake decreased from 20.37% to 12.38% following the gift.
My NAV valuation suggests an implied market cap of 848 billion won or target price of 11,107 won per share, which represents a 39% upside from current levels.


LX Holdings - President Koo Hyung-Mo Becomes Largest Shareholder After a Gift of 8% from His Dad