Ant Group Takes Out Yip's Controlling Stake In Bright Smart (1428 HK)
Looks clean. Just a question of timing. Payment is possible in four to five months. Assuming the top end of that range, pay up to HK$3.09/share, or...
765 Views
Bright Smart Securities (1428 HK): Ant’s Possible Unconditional MGO at HK$3.28
The Chairman is selling out to Ant at a knockout price (HK$3.28). Completion will trigger an unconditional MGO. Timing is the key risk, which is...
616 Views
Bright Smart (1428 HK): Chairman's Scheme, Or Cashing Out?
Broker Bright Smart is suspended to the Takeovers Code. Its chairman, Yip Peter, holds 50.54%. Unusual timing to take the company private. Yip, at...
810 Views
Bright Smart Securities (1428 HK): A Takeunder MGO?
It is likely that Mr Lum, the founder, has entered a sale and purchase agreement to sell his controlling stake, which would trigger an MGO.
626 Views
Merger Arb Mondays (08 Dec) - Makino, Pacific Ind, Jinke, ENN Energy, Qube, NSR, Predictive Disc
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
432 Views