Doosan Group Is Likely To Cancel Its Restructuring Plans

• In the next several days, it is likely that the Doosan Group is likely to cancel its restructuring plan involving Doosan Enerbility, Doosan Bobcat, and Doosan Robotics.

• As a result of the sharp decline in share prices of major Doosan Group companies, the cost of appraisal rights may be too much for the Doosan Group.

• Despite the negative impact of recent political events in Korea, a cancellation of Doosan Group restructuring plan could have a near-term positive impact on all the major Doosan Group companies.