bullish

AKM Industrial (1639 HK): SASAC and Xiamen Government-Backed Pre-Conditional Offer

335 Views17 Jan 2022 10:39
This transaction looks done. At HK$1.68/share, AKM is currently trading at a gross/annualised spread of 8.3%/19.5%, assuming late 2Q22 completion, and excluding any dividends. That looks okay.
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