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SK Square: Two Remaining Credible Options for 11 Street

SK Square: Two Remaining Credible Options for 11 Street

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Douglas Kim
Nov 24, 2023
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Douglas Research Insights
Douglas Research Insights
SK Square: Two Remaining Credible Options for 11 Street
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  • We discuss the two remaining options for 11 Street post the cancellation of its sale to Qoo10 Pte.

  • As these strategic sale of 11 Street to Qoo10 Pte. has failed, the possibility of a forced sale of 11 Street by the financial investors has increased.

  • The higher probability event is for the Nile Holdings consortium to try to sell 11 Street to other financial investors.

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