Changhong Jiahua (3991 HK): Sichuan Changhong's Pre-Con Scheme
I anticipated a ~30%+ premium to undisturbed, or ~$1.20/share+, and that is what transpired. Clean deal. If a six month off-ramp (including four...
257 Views
Changhong Jiahua (3991 HK): Changhong Group’s Preconditional Scheme at HK$1.223
The offer is attractive compared to historical trading ranges. The precondition satisfaction and vote are low risk. Timing is the key risk.
253 Views
Changhong Jiahua (3991 HK): Expect Sichuan Changhong To Make An Offer
Shares are suspended. Expect Sichuan Changhong (600839 CH) holding ~60.13% of shares out to launch a Scheme,. This expected move may be prompted by...
791 Views
Apiam Animal Health (AHX AU): 3rd Feb Vote On Adamantem's A$0.87/Share Offer
Clean deal. Trading at terms. Unless in - and/or can take advantage of the franking credits - I would be looking elsewhere.
288 Views
Merger Arb Mondays (15 Dec) - Toyota Ind, Makino, Raksul, Pacific Ind, Jinke, Meilan Airport, NSR
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
600 Views