Daily BriefsEvent-Driven

Daily Brief Event-Driven: Last Week In Event SPACE: Krungthai Card and more

In today’s briefing:

  • Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post
  • (Mostly) Asia-Pac M&A: Santos, PointsBet, New World Resources, SmartPay, SBI Sumishin Net Bank, Humm


Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post

By David Blennerhassett

  • Krungthai Card (KTC TB) is a pretty straightforward short term trade. Basically the second largest shareholder, Prakitchaiwattana, got margin called, and shares fell limit down. Twice.
  • South Korean private equity firm VIG Partners tables an Offer for beauty device company VIOL (335890 KS), whose major shareholder, DMS (068790 KS), faces allegations of unfair internal transactions.
  • Melco (200 HK)‘s 11.9% gain on the 26th June – on serious volume – was predicated on a short squeeze, just eight days after the fully-paid rights shares commenced trading.

(Mostly) Asia-Pac M&A: Santos, PointsBet, New World Resources, SmartPay, SBI Sumishin Net Bank, Humm

By David Blennerhassett


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