KDIC is looking to sell around half of its remaining stake in Woori Financial Group (WFG). This is almost a clean-up trade considering that KDIC had a stake of nearly 18% at the start of 2021 and will now be reduced to a less than 2% holding. We have covered previous selldown in: Woori Financials Placement - One Overhang Gone in a Well Flagged Deal, Another Remains Woori Financials Placement - Tong Yang Cleans up but KDIC Could Sell More In this note, we will run the deal through our ECM fr...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Tong Yang Insurance is looking to sell its entire 3.7% stake in Woori Financial Group (WFG). This is a clean-up trade. We have covered previous selldown in: Woori Financials Placement - One Overhang Gone in a Well Flagged Deal, Another Remain
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