Xingda (1899 HK): HK$1.88 Partial Offer Now Open
The 4.41% minimum acceptance is not onerous. Based on a proration of 8.88% and at the current share price of HK$1.59 per share, the breakeven price...
418 Views
Xingda (1899 HK)’s Partial Offer from Management to Seize Statutory Control
While an opportunistic and disappointing bid, the partial offer to acquire a minimum of 4.41% of outstanding shares at HK$1.88 is likely good...
412 Views
Xingda International (1899 HK)’s to Draw a Privatisation Bid from Management?
The bid is likely privatisation through a scheme. Due to FIL’s blocking stake, a decent premium is required, such as an offer approaching HK$2.00...
323 Views
KOSPI200 Index Rebalance Preview: Review Period Nearly Complete, Nine (Or Ten) Possible Changes
The KOSPI200 index review will be announced in the next 4 weeks. We see 9 inclusions/ exclusions and significant volume to sell on the deletions....
385 Views
KOSPI200 Index Rebalance Preview: Adds Outperform Deletes; Short Sell Ban The Wildcard
The Korea Exchange (KRX) will announce the results of the December 2020 review of the Korea Stock Exchange Kospi 200 Index (KOSPI2 INDEX) in...
426 Views