Fengxiang’s Unconditional MGO at HK$ 1.5132 from PAG
The unconditional MGO is HK$1.5132 per H Share. Our best guess is the MGO completes end-January 2023. At the last close, the gross spread is 14.6%.
425 Views
IDX30/​LQ45/​IDX80 Index Rebalance: Float & Capping Changes on Monday
Float and capping changes will result in selling on BBCA & EMTK and buying on GOTO, TLKM, BMRI, BBRI & ASII. This is an opportunity to sell some...
469 Views
Fengxiang’s Judical Auction Successful, MGO Upcoming
The succesful bid will result in an MGO at HK$1.526 (at the median BOC FX of 0.9056). Our best guess is the offer completes end-January 2023. At...
333 Views
Fengxiang’s Judicial Auction Set for 10 October, Potential MGO
If the auction is successful, it will result in an MGO. The base bid implies an MGO price of HK$1.563 per H Share, a 103.0% premium to the last close.
502 Views
The Week That Was in ASEAN@Smartkarma - Adaro's Sustainability, ROTI's Diversification, and BUKA.
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
434 Views