Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Healthcare provider <a href="https://www.smartkarma.com/entities/singapore-medical-group-ltd" target="_blank" data-smartkarma-citation="entities:7441:1" rel="noopener">Singapore Medical (SMG SP)</a> has announced a voluntary conditional general offer from TLW Success, an entity equally controlled by three senior members of management.</li>
<li>TLW is offering S$0.37/share, a 13.8% premium to last close. Shareholders are afforded an unlisted scrip option.</li>
<li>TLW shareholders hold 16.49%. Irrevocables another 35.18%, or 51.67% all-in. The Offer is conditional on 90% of shares out held by the Offeror. The acceptance level condition may be reduced. </li>
</ul>


Healthcare provider Singapore Medical (SMG SP) has announced a voluntary conditional general offer from TLW Success, an entity equally controlled by three senior members of management.
TLW is offering S$0.37/share, a 13.8% premium to last close. Shareholders are afforded an unlisted scrip option.
TLW shareholders hold 16.49%. Irrevocables another 35.18%, or 51.67% all-in. The Offer is conditional on 90% of shares out held by the Offeror. The acceptance level condition may be reduced. 


Singapore Medical: Management's Low-Balled Buyout

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

Qualitas Medical Group / Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/26971" target="_blank" data-smartkarma-citation="entities:26971:1" rel="noopener">Qualitas Medical Group (QMGL SP)</a> is looking to raise approximately US$102m in its upcoming IPO. The company will be using the proceeds to make strategic investments and acquisitions, seek out organic growth and initiatives, and general corporate purposes.
In this insight, we will look at the company's business, examine the changes since it got privatized in 2011, compare it against other regional healthcare peers. We will also run the deal through our ECM framework.

Qualitas Medical Group (QMGL SP) is looking to raise approximately US$102m in its upcoming IPO. The company will be using the proceeds to make strategic investments and acquisitions, seek out organic growth and initiatives, and general corporate purposes.
In this insight, we will look at the company's business, examine the changes since it got privatized in 2011, compare it against other regional healthcare peers. We will also run the deal through our ECM framework.

Qualitas Medical Group IPO Review - Valuation up 95% in One Month

Singapore

Singapore Medical Group operates medical clinics and provides a wide range of general and specialist medical services, including obstetrics and gynecology, oncology, pediatrics, diagnostic imaging, dental, and aesthetic medicine. The company also offers health screening and telemedicine services. It was incorporated in 2005 and is headquartered in Singapore.

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Singapore Medical Group (SMG SP)

Singapore Medical: Management's Low-Balled Buyout

SMG is trading at a 2.7% gross spread to terms. This transaction will get up. But it is not a super liquid arb situation.

David Blennerhassett

Qualitas Medical Group IPO Review - Valuation up 95% in One Month

Qualitas Medical Group (QMGL SP) is looking to raise approximately US$102m in its upcoming IPO. The company will be using the proceeds to make...

Zhen Zhou, Toh

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52-week Range

Market Cap (USDm)

P/E

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