Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Equity Bottom-Up

Will Samsung really undertake a merger with Samsung SDS by taking advantage of One-Shot Act and the recently revised commercial law?-&gt; The answer is Yes, but…<ul><li>Under One-Shot Act, the number of new shares to be issued for qualifying for a small-scale merger increases from 10 percent to 20 percent of the total number of issued shares of a surviving company. If qualified for a small-scale merger, we can then undertake a merger without requiring a shareholder vote. That is, a merger can be proceeded…</li></ul>

Will Samsung really undertake a merger with Samsung SDS by taking advantage of One-Shot Act and the recently revised commercial law?-&gt; The answer is Yes, but…Under One-Shot Act, the number of new shares to be issued for qualifying for a small-scale merger increases from 10 percent to 20 percent of the total number of issued shares of a surviving company. If qualified for a small-scale merger, we can then undertake a merger without requiring a shareholder vote. That is, a merger can be proceeded…

Samsung Restructuring and Broader Ramifications for Other Restructurings - Guide to One-Shot Act