There appears to be a M&A battle heating up for APlus Asset Advisor. This is because it was reported that Aplus Asset Advisor Chairman Kwak Geun-ho has increased his stake.
What is covered in the Full Insight:
Introduction
Chairman Kwak's Increased Stake
Align Partners' Tender Offer
Foreign Ownership
Conclusion and Outlook
Boomeranged on Mon, 1 Dec 2025 23:19
Skylake Investment, which sold its 4.99% stake in Aplus Asset in June of this year, has been confirmed as the counterparty which sold this stake to Align Partners. At end of 3Q25, Skylake had 4.79% stake in Aplus Asset. Now, it appears likely that Skylake will act as the CASTING VOTE in potential M&A fight between Aplus Asset and its Chairman Kwak Geun-ho/allies. [See discussion for more details].