Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>This is an agreement between one fish merchant <a href="https://www.smartkarma.com/entities/chuo-gyorui-co-ltd" target="_blank" data-smartkarma-citation="entities:9668:1" rel="noopener">Chuo Gyorui (8030 JP)</a> and another fish merchant <a href="https://www.smartkarma.com/entities/nippon-suisan-kaisha-ltd" target="_blank" data-smartkarma-citation="entities:5095:1" rel="noopener">Nissui (1332 JP)</a> to take over a third fish merchant, <a href="https://www.smartkarma.com/entities/hohsui-corp" target="_blank" data-smartkarma-citation="entities:5455:1" rel="noopener">Hohsui Corp (1352 JP)</a>. </li>
<li>And the takeover PER and forecast PCFR are low. But there really is nothing fishy here. Hohsui has a lot of debt.</li>
<li>This is a done deal and there is nothing anyone can do about it.</li>
</ul>


This is an agreement between one fish merchant Chuo Gyorui (8030 JP) and another fish merchant Nissui (1332 JP) to take over a third fish merchant, Hohsui Corp (1352 JP). 
And the takeover PER and forecast PCFR are low. But there really is nothing fishy here. Hohsui has a lot of debt.
This is a done deal and there is nothing anyone can do about it.


Chuo Gyorui to Take Out Hohsui - Done Deal Easy Peasy.

Japan

HOHSUI CORPORATION, a subsidiary of Nippon Suisan, purchases and sells frozen seafood, processed fish products, and fish oil.  The Company operates a shrimp trawling joint venture in Indonesia.

Chuo Gyorui to Take Out Hohsui - Done Deal Easy Peasy.

Net cash-at-a-parent-level fish merchant Chuo Gyorui will buy out its 55% subsidiary fish merchant (actually, refrigerated storage co) Hohsui...

Travis Lundy