China Shengmu (1432): Conditional MGO To Launch At Month-End
Trading at a 9.4% gross spread. I don't have a strong conviction on the back-end. Buy here - either for the arb (if you like illiquid arbs), or...
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China Shengmu (1432 HK): SAMR Approval Finally Secured; Next Up, the 50% Min Acceptance Condition
The 50% minimum acceptance condition remains an issue, particularly given peers' significant re-rating. Nonetheless, the downside on a deal break...
310 Views
Primer: China Shengmu Organic Milk (1432 HK) - Apr 2026
China Shengmu Organic Milk Limited is the largest organic dairy company in China, uniquely operating a circular economy model that integrates...
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On China Shengmu (1432)'s Conditional MGO
China Modern (117 HK) (CMD)'s conditional SPA to acquire 1.28% in China Shengmu Organic Milk (1432 HK) (CSM), requires CMD independent shareholder...
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China Modern Dairy (1117 HK) To Acquire China Shengmu (1432 HK) - The Offer Price Is Not Attractive
The Offer Price of HK$0.35 is low. Reasonable range is HK$0.41-0.51/share after CSM's profitability returns to normal by 2026. Uncertainties arise...
375 Views