Ausnutria Dairy Corp

Ausnutria (1717 HK): MGO Imminent As NDRC Approval Obtained

Event-Driven
210 Views, 11 Jan 2022 10:01
EXECUTIVE SUMMARY
  • China's NDRC approval, a key condition to the Share Purchase Agreement, has been obtained.  SAMR clearance had previously been fulfilled, leaving MoC and SAFE approvals yet to be secured.
  • The turnout at Ausnutria Dairy Corp (1717 HK)'s recent EGM would suggest there is a sufficient number of shares for the MGO to turn unconditional. 
  • Provided the Offer becomes unconditional, trading at a gross/annualised spread of 4.4%/22.1%, assuming late 1Q22 completion.
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David Blennerhassett
Pan-Asia Catalysts/Events
Quiddity Advisors
EquitiesEvent-Driven

HK Type 4 license through Ballingal Investment Advisors Ltd. I'm a highly experienced sell-side analyst with in excess... 

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