In today’s briefing:
- Weekly Deals Digest (29 Jun) – FWD, HDB, Santos, PointsBet, New World, Dickson, HKBN, OneConnect
- Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post
Weekly Deals Digest (29 Jun) – FWD, HDB, Santos, PointsBet, New World, Dickson, HKBN, OneConnect
- A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.
- ECM developments: FWD Group Holdings (1828 HK) and HDB Financial Services Ltd (0117739D IN) IPOs.
- Event-Driven developments: Santos Ltd (STO AU), Humm Group (HUM AU), PointsBet Holdings (PBH AU), New World Resources (NWC AU), Dickson Concepts Intl (113 HK), HKBN Ltd (1310 HK), OneConnect.
Last Week In Event SPACE: Krungthai Card, VIOL, Melco, Singapore Post
- 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.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
