Weekly Deals Digest (14 Dec) - Jinke Smart, Meilan, Makino, Raksul, Toyota Industries, Predictive
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
263 Views
Jinke Smart (9666 HK): 24th Dec Exit Vote. All Eyes On Tendering
This enhanced Offer may get up; however a 90% tendering condition is not straightforward. Trading wide at 9.9%/83% gross/annualised, if early-Feb...
236 Views
Jinke Smart Services (9666 HK): Delisting EGM on 24 December as Acceptances Remain Unchanged
Acceptances unchanged since 18 Nov, and the 90% min condition remains problematic. Risk/reward is unattractive as downside (-15.7% for base offer)...
259 Views
Jinke Smart Services (9666 HK): Boyu’s Enhanced Offer but with Potentially Problematic Conditions
The 90% minimum acceptance condition could be challenging, particularly as the peers have re-rated and the enhanced offer is barely above the...
374 Views
Jinke Smart (9666 HK): Boyu Changes Up And Now Seeks Delisting
You have a minimum floor of HK$6.67/share. This revised Offer may well get up ; however the 90% tendering condition can be tricky. Assuming late...
468 Views