Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Surprise National Assembly Moves: 2nd Commercial Act Amendments & Yellow Envelope Law

Near-Term Flows to Watch on Mandatory Treasury Share Cancellation in Korea

What Was It in SK Inc that Got the Local Pension Funds Loading up Hard Today?

Treasury Cancellation Bill Latest: 10% Holding Cap for Existing Ones — Targets Screened in Excel

Korea Holdco Rerating Pullback Risk: No Retroactive Treasury Cancellation

Next Target After Hanwha for Regime Change Momentum Play: SK Inc's Share Cancellation

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>The bill’s side notes clearly state that the mandatory cancellation rule applies retroactively to existing treasury shares without any exemptions.</li>
<li>If this passes the Assembly as-is, it’ll trigger a historic forced cancellation of treasury stock across ~1,660 companies—about three-quarters of the K-equities market.</li>
<li>Watch if this punchy bill clears committee and floor without cuts. Dems plan to fast-track it Sept 1, holding the majority to push it solo, aiming for year-end rollout.</li>
</ul>


The bill’s side notes clearly state that the mandatory cancellation rule applies retroactively to existing treasury shares without any exemptions.
If this passes the Assembly as-is, it’ll trigger a historic forced cancellation of treasury stock across ~1,660 companies—about three-quarters of the K-equities market.
Watch if this punchy bill clears committee and floor without cuts. Dems plan to fast-track it Sept 1, holding the majority to push it solo, aiming for year-end rollout.


既存自己株式の強制消却：株式市場における歴史的な出来事が起こりつつある

Shinyoung Securities

既存自己株式の強制消却：株式市場における歴史的な出来事が起こりつつある