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

Korea Small Cap Gem #59: Shinsegae I&C [10 Trillion Won Investment in AI Data Center in Korea]

A Tender Offer and Delisting of Shinsegae Food by E-Mart

E-Mart: A Stock Swap with Shinsegae Food for a Final Delisting

Shinsegae I&C - The Next Tender Offer Target by E-Mart?

Douglas Research Advisory

Event-Driven

<ul>
<li>On 21 May, E Mart announced that it has decided to increase the appraisal rights price of Shinsegae Food by 30% compared to the reference market price.</li>
<li>The appraisal rights price was raised in response to continued backlash from general shareholders who argued that the exchange price was too low.</li>
<li>This materially higher appraisal rights price is likely to satisfy the demands of these investors and sets the stage for this deal to get completed successfully.  </li>
</ul>


On 21 May, E Mart announced that it has decided to increase the appraisal rights price of Shinsegae Food by 30% compared to the reference market price.
The appraisal rights price was raised in response to continued backlash from general shareholders who argued that the exchange price was too low.
This materially higher appraisal rights price is likely to satisfy the demands of these investors and sets the stage for this deal to get completed successfully.  


이마트, 신세계식품 평가권 가격 30% 인상