IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>The <a href="https://www.smartkarma.com/entities/poly-culture-group-corp-h" target="_blank" data-smartkarma-citation="entities:4729:1" rel="noopener">Poly Culture Group Corp H (3636 HK)</a> H Shareholders’ class meeting is scheduled for 3 November. The IFA considers the HK$8.88 per H share offer fair and reasonable.</li>
<li>The key condition is approval by at least 75% independent H Shareholders (&lt;10% of all independent H Shareholders rejection). No independent H Shareholder holds a blocking stake.</li>
<li>The offer’s 77.6% premium to the undisturbed price and shareholder structure helps the vote. At the current price and for the 23 November payment, the gross/annualised spread is 3.3%/19.2%.</li>
</ul>


The Poly Culture Group Corp H (3636 HK) H Shareholders’ class meeting is scheduled for 3 November. The IFA considers the HK$8.88 per H share offer fair and reasonable.
The key condition is approval by at least 75% independent H Shareholders (&lt;10% of all independent H Shareholders rejection). No independent H Shareholder holds a blocking stake.
The offer’s 77.6% premium to the undisturbed price and shareholder structure helps the vote. At the current price and for the 23 November payment, the gross/annualised spread is 3.3%/19.2%.


Poly Culture (3636 HK): H Share Class Meeting on 3 November

<ul>
<li>The pre-condition relating to <a href="https://www.smartkarma.com/entities/poly-culture-group-corp-h" target="_blank" data-smartkarma-citation="entities:4729:1" rel="noopener">Poly Culture Group Corp H (3636 HK)</a>’s privatisation offer from Poly Group at HK$8.88 per H Share has been fulfilled. </li>
<li>The key condition is approval by at least 75% of independent H Shareholders (&lt;10% of all independent H Shareholders rejection). No independent H Shareholder holds a blocking stake.</li>
<li>The offer’s 77.6% premium to the undisturbed price and no minimum acceptance condition will help completion. At the last close and for 1 November completion, the gross/annualised spread is 7.1%/64.3%.</li>
</ul>


The pre-condition relating to Poly Culture Group Corp H (3636 HK)’s privatisation offer from Poly Group at HK$8.88 per H Share has been fulfilled. 
The key condition is approval by at least 75% of independent H Shareholders (&lt;10% of all independent H Shareholders rejection). No independent H Shareholder holds a blocking stake.
The offer’s 77.6% premium to the undisturbed price and no minimum acceptance condition will help completion. At the last close and for 1 November completion, the gross/annualised spread is 7.1%/64.3%.


Poly Culture (3636 HK): Pre-Condition Fulfilled

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

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Solar /Cover Story: Are Chinese solar giants flying too close to the sun?ASEAN Summit /: Chinese Premier Li Qiang to visit Indonesia for ASEAN SummitStocks /: China tightens oversight of program trading in stock market

CX Daily: Are Chinese Solar Giants Flying Too Close to the Sun?

<ul>
<li>
<a href="https://www.smartkarma.com/entities/poly-culture-group-corp-h" target="_blank" data-smartkarma-citation="entities:4729:1" rel="noopener">Poly Culture Group Corp H (3636 HK)</a> announced a pre-conditional privatisation offer from Poly Group at HK$8.88 per H Share, a 77.6% premium to the undisturbed price of HK$5.00.</li>
<li>The pre-condition of regulatory approvals is a formality as Poly Group is an SOE. The key condition is approval by at least 75% of independent H Shareholders (&lt;10% rejection). </li>
<li>The offer price is final. There is no minimum acceptance condition. No independent H Shareholder holds a blocking stake. The offer is attractive, waving the way to success.  </li>
</ul>



Poly Culture Group Corp H (3636 HK) announced a pre-conditional privatisation offer from Poly Group at HK$8.88 per H Share, a 77.6% premium to the undisturbed price of HK$5.00.
The pre-condition of regulatory approvals is a formality as Poly Group is an SOE. The key condition is approval by at least 75% of independent H Shareholders (&lt;10% rejection). 
The offer price is final. There is no minimum acceptance condition. No independent H Shareholder holds a blocking stake. The offer is attractive, waving the way to success.  


Poly Culture (3636 HK): HK$8.88 Per H Share Privatisation Offer

<ul><li>Pinduoduo /: China’s faltering recovery is good for business — at least if you’re Pinduoduo</li><li>Palestine-Israel /: Xi proposes three-point resolution for Palestinian-Israeli conflict</li><li>Jobless /: Chart of the Day: China’s youth unemployment breaks record as graduate influx looms</li></ul>

Pinduoduo /: China’s faltering recovery is good for business — at least if you’re PinduoduoPalestine-Israel /: Xi proposes three-point resolution for Palestinian-Israeli conflictJobless /: Chart of the Day: China’s youth unemployment breaks record as graduate influx looms

CX Daily: China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo

China

Poly Real Estate Group Co., Ltd. mainly develops and sells residential homes. The company is also in the business of leasing and rental of real estates, and property management.

Poly Real Estate Group Co., Ltd (600048 CH)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Dividend (Yield)	0.00

Poly Real Estate Group Co., Ltd (600048 CH)

Poly Culture (3636 HK): Pre-Condition Fulfilled

The offer’s 77.6% premium to the undisturbed price and no minimum acceptance condition will help completion. At the last close and for 1 November...

Arun George

CX Daily: Are Chinese Solar Giants Flying Too Close to the Sun?

Solar /Cover Story: Are Chinese solar giants flying too close to the sun? ASEAN Summit /: Chinese Premier Li Qiang to visit Indonesia for ASEAN...

Caixin Global

CX Daily: China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo

Pinduoduo /: China’s faltering recovery is good for business — at least if you’re Pinduoduo Palestine-Israel /: Xi proposes three-point resolution...

Caixin Global

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Poly Culture (3636 HK): H Share Class Meeting on 3 November

The offer’s 77.6% premium to the undisturbed price and shareholder structure helps the vote. At the current price and for the 23 November payment,...

Arun George

Poly Culture (3636 HK): Pre-Condition Fulfilled

The offer’s 77.6% premium to the undisturbed price and no minimum acceptance condition will help completion. At the last close and for 1 November...

Arun George

CX Daily: Are Chinese Solar Giants Flying Too Close to the Sun?

Solar /Cover Story: Are Chinese solar giants flying too close to the sun? ASEAN Summit /: Chinese Premier Li Qiang to visit Indonesia for ASEAN...

Caixin Global

Poly Culture (3636 HK): HK$8.88 Per H Share Privatisation Offer

The offer price is final. There is no minimum acceptance condition. No independent H Shareholder holds a blocking stake. The offer is attractive,...

Arun George

CX Daily: China’s Faltering Recovery Is Good for Business — at Least if You’re Pinduoduo

Pinduoduo /: China’s faltering recovery is good for business — at least if you’re Pinduoduo Palestine-Israel /: Xi proposes three-point resolution...

Caixin Global