Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

Beijing Enterprises Urban Resources / Event-Driven

Beijing Enterprises Urban Resources (3718 HK)

<ul>
<li>The Composite Doc for <strong><a href="https://www.smartkarma.com/entities/beijing-enterprises-water-group-limited" target="_blank" data-smartkarma-citation="entities:1660:1" rel="noopener">Beijing Enterprises Water Group (371 HK)</a></strong>'s (BEURG) mandatory general cash for <strong><a href="https://www.smartkarma.com/entities/beijing-enterprises-urban-re" target="_blank" data-smartkarma-citation="entities:29131:1" rel="noopener">Beijing Enterprises Urban Resources (3718 HK)</a></strong> (BEW) has been despatched. </li>
<li>The first close is the 17 June but can be open until the 26 July. BEW has 44.16% in the bag and this requires a 50% hurdle to turn unconditional.</li>
<li>It's an underwhelming Offer yet the IFA considers the terms to be fair and reasonable. But there's probably enough here for the Offer to get up.</li>
</ul>


The Composite Doc for Beijing Enterprises Water Group (371 HK)'s (BEURG) mandatory general cash for Beijing Enterprises Urban Resources (3718 HK) (BEW) has been despatched. 
The first close is the 17 June but can be open until the 26 July. BEW has 44.16% in the bag and this requires a 50% hurdle to turn unconditional.
It's an underwhelming Offer yet the IFA considers the terms to be fair and reasonable. But there's probably enough here for the Offer to get up.


Beijing Enterprises Clean Energy Grp (1250 HK)

BEURG (3718 HK) Now Open For Acceptances. IFA Says Fair