Giordano International

Giordano (709 HK): Cheng Family's Underwhelming Offer

Event-Driven
468 Views, 24 Jun 2022 09:05
EXECUTIVE SUMMARY
  • The Cheng family has made a voluntary conditional Offer of $1.88/share for Giordano International (709 HK)
  • The Cheng's (and concert parties) control 24.57%. The Offer is conditional on the family getting to more than 50% via tendering. 
  • The intention is to maintain Giordano's listing. The Offer Price has not been declared final. 
detail (3-minute read)
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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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