Equity Analyst, Event-driven, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst, Event-driven

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

On 14th May 2021, Shopping information website operator <a href="https://www.smartkarma.com/entities/locoguide-inc" target="_blank" data-smartkarma-citation="entities:33345:1" rel="noopener">Locoguide (4497 JP)</a> and real-estate web portal operator <a href="https://www.smartkarma.com/entities/kufu-co" target="_blank" data-smartkarma-citation="entities:33344:1" rel="noopener">Kufu (4399 JP)</a> announced (<a href="https://kufu.co.jp/files/2021051407060107214.pdf" target="_blank" rel="noopener">J-only</a>) plans to merge in a Deal that would see both companies get delisted from the Tokyo Stock Exchange and get re-listed as a new combined entity. The Exchange Ratio for the Deal is set at 4.10 Kufu shares per Locoguide share. The Locoguide Shareholder Meeting and Kufu Shareholder Meeting for approving the Deal are expected to take place on 24th June 2021 and 7th July 2021, respectively. The transaction is expected to be completed 1 October 2021. More below the fold.

On 14th May 2021, Shopping information website operator Locoguide (4497 JP) and real-estate web portal operator Kufu (4399 JP) announced (J-only) plans to merge in a Deal that would see both companies get delisted from the Tokyo Stock Exchange and get re-listed as a new combined entity. The Exchange Ratio for the Deal is set at 4.10 Kufu shares per Locoguide share. The Locoguide Shareholder Meeting and Kufu Shareholder Meeting for approving the Deal are expected to take place on 24th June 2021 and 7th July 2021, respectively. The transaction is expected to be completed 1 October 2021. More below the fold.  

Locoguide (4497 JP) - Kufu (4399 JP): Merger Is a Done Deal

Japan

HyAS & Co. Inc. provides advisory expertise to home designers and homebuilders seeking to change their business models.  The Company also provides consulting services to increase operational efficiency.  In addition, HyAS&Co. advises potential homebuyers.

HyAS & Co. (6192 JP)

Locoguide (4497 JP) - Kufu (4399 JP): Merger Is a Done Deal

Two acquisitive companies - Kufu and Locoguide - are set to merge, with Akita Yoshiteru being the lead shareholder in both companies. This is a...

Janaghan Jeyakumar, CFA