Align Partners reveals 1.5% stake in SK Inc., sees 75% valuation discount
Align Partners disclosed that it holds a 1.5 percent stake in SK Inc. through its fund, arguing that the holding company's share price does not fully reflect the value of its key subsidiary, SK hynix. According to materials presented by Align CEO Lee Chang-hwan at the "13D Monitor Active-Passive Investor Summit" in New York on Tuesday (local time), the activist fund held 1,088,753 shares of SK…
The Korea Times reports that Align Partners has disclosed a 1.5% stake in SK Inc., noting a 75% valuation discount on the company. CEO Lee Chang-hwan highlighted that the holding company's share price may not fully capture the value of its key subsidiary, SK hynix. Align Partners sees this opportunity as a chance to gain exposure to world-class artificial intelligence assets at a significant discount, estimating SK Inc.'s net asset value at around 100 trillion won ($75.5 billion).
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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