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

StubWorld: More Partial Offers In The Hanwha Group Complex

Examining the Severity of Proration Risk in the Hanwha Galleria Tender Offer

Hanwha Galleria Tender Results Are in with No Proration Issue Despite a Fat Spread. What’s Next?

Hanwha Aerospace: Spin Off of Semiconductor Equipment and Video Surveillance Units

Hanwha Energy Launches Tender Offer of 180 Billion Won Worth of Hanwha Corp

Hanwha Corp Tender Offer Details & Arbitrage Trading Assessment

Douglas Research Advisory

Event-Driven

<ul>
<li>After the market close on 24 July, Hanwha Corporation (000880 KS) announced that Hanwha Energy secured an additional 5.2% stake in Hanwha Corp through a tender offer.</li>
<li>A total of 3.9 million shares have been applied for the tender offer as of 24 July (65% of targeted amount). </li>
<li>We believe that the Hanwha Group is likely to grab more shares in Hanwha Corp through an additional tender offer sometime in the next 6-12 months. </li>
</ul>


After the market close on 24 July, Hanwha Corporation (000880 KS) announced that Hanwha Energy secured an additional 5.2% stake in Hanwha Corp through a tender offer.
A total of 3.9 million shares have been applied for the tender offer as of 24 July (65% of targeted amount). 
We believe that the Hanwha Group is likely to grab more shares in Hanwha Corp through an additional tender offer sometime in the next 6-12 months. 


ハンファ・エナジー、公開買付けを通じてハンファ・コーポレーションの株式5.2%を追加取得