'Activist Palliser Pushes For Change At AI Chip Investor SK Square; Hedge Fund Has Built A More Than 1% Stake In The South Korean Company, Which Is The Largest Shareholder In Chip Maker SK Hynix' - WSJ

Benzinga · 10/15 14:43

https://www.wsj.com/finance/activist-palliser-pushes-for-change-at-ai-chip-investor-sk-square-991402f8?mod=latest_headlines

 

Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix 000660 2.88%increase; green up pointing triangle and is pushing for changes to boost its share value, according to people familiar with the matter.

The details

Palliser, a hedge-fund firm based in London, owns more than 1% of SK Square 402340 0.12%increase; green up pointing triangle, the people said, having built a position in the South Korean investment company over the past two years. That makes Palliser among the company's top 10 shareholders. The company's market capitalization is around $8.5 billion.