Lotte Shopping sindongju block deal ... Management rights disputes end price elasticity Securities -NH

[Korea goyounghun financial newspaper reporter] NH Investment & Securities said due to sindongju block deal for 17 days Lotte Shopping will catch momentum at the end of the conflict reigns weeks.

1.73 million shares sindongju former vice chairman of Lotte Shopping was being held to promote the deal to block 883 shares (5.5%). The sale price is ₩ 2,000 per share in 2000 10 022 10 000 23 ~ ~ -8.7 -12.6% discount. Proceeds from the sale are expected to 401.6 billion won from 384.3 billion won.

NH Investment & Securities Lee Ji Young researchers "already in January god former Vice President has a bar received a loan can be one hundred billion won as collateral for Lotte Shopping shares of 8%," he said "Together with the sale of shares and the equity shares of 423 10 000 5 883 Note (13.45% ) will be available for the entire stake of former vice sindongju, "he said.

Lotte Shopping shares of Shin, Dong - Bin 10 000 7627 Chairman of the 423-week (13.46%).

The researchers' disposal in the background is known but, reigns conflict termination or stronger disputes for cash secured by expecting to be seen there, "said" Lotte Shopping's position in e If the share price more favorable, but the latter, if any itgie a turnaround in fundamentals are supporting the price of room is not big shake, "he said.

He added, "When interpreted as a management right dispute ends, can be attached elastic on Corporate Governance of Shin, Dong - Bin Chairman and Korea Seven, Lotteria subsidiaries revaluation will increase the expectations," he said "when interpreting that reigns dispute continues, Lotte Shopping shares is out of the core subsidiaries of the competition will regret, but still ahead of the important positions in governance as an intermediate holding company, "forecast said.



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