IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Weekly Deals Digest (19 Apr) - Makino, Arclands, Makino, Sankei, Evergrande, Monash, Victory Giant

Merger Arb Mondays (20 Apr) - Skyworth, ENN, Arclands/Joyful Honda, Sankei, Qoria, Monash, Humm

Arclands (9842): Fraud at PFH, Potential Pressure on the Merger Terms

Arcland Service (3085 JP): Share Exchange Offer from Arclands Corp

Japan's Governance: Parent-Subsidiary Listing: Parent, Arcland Sakamoto Choosing a Different Path

Japan's Governance: Parent Subsidiary Listing Investment Strategy Update

Uncompromised, Independent, Conflict-Free Research

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>
<a href="https://www.smartkarma.com/entities/arclands-corporation" target="_blank" data-smartkarma-citation="entities:10395:1" rel="noopener">Arclands Corporation (9842 JP)</a> and <a href="https://www.smartkarma.com/entities/joyful-honda-co-ltd" target="_blank" data-smartkarma-citation="entities:13616:1" rel="noopener">Joyful Honda (3191 JP)</a> have agreed to become wholly owned subsidiaries of a new joint holding company through a share transfer.</li>
<li>For each share in Arclands, one share of the joint holding company will be issued, and for each share of Joyful Honda, 1.15 shares will be issued. </li>
<li>The terms of the transaction are broadly fair to both sets of shareholders, suggesting that the respective EGM votes should pass. NewCo shares will be listed on 1 March 2027.</li>
</ul>



Arclands Corporation (9842 JP) and Joyful Honda (3191 JP) have agreed to become wholly owned subsidiaries of a new joint holding company through a share transfer.
For each share in Arclands, one share of the joint holding company will be issued, and for each share of Joyful Honda, 1.15 shares will be issued. 
The terms of the transaction are broadly fair to both sets of shareholders, suggesting that the respective EGM votes should pass. NewCo shares will be listed on 1 March 2027.


Arclands (9842) And Joyful Honda (3191 JP) To Merge, Resulting in Japan’s Leading Home Centre Co