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

Golden Eagle Retail (3308 HK): Controlling Family’s Privatisation Offer at HK$6.88

Merger Arb Mondays (05 Jun) - Golden Eagle Retail, ENM, AAG, Yashili, Golden Energy, Challenger Tech

Merger Arb Mondays (19 Jun) - Golden Eagle, Hailan, Yitai Coal, Toshiba, Kenedix, Tesserent, Oishi

Lifestyle International (1212 HK)’s Wide Spread Heading into the 21 November Vote

Lifestyle International’s HK$5.00 Privatisation Bid

Lifestyle International’s Court Meeting on 21 November

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

Lifestyle International Holdings / Event-Driven

Lifestyle International Holdings (1212 HK)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/lifestyle-international-holdings-ltd" target="_blank" data-smartkarma-citation="entities:112:1" rel="noopener">Lifestyle International Holdings (1212 HK)</a>’s scheme resolution was approved at today’s court meeting - 94.93% of independent share votes cast FOR (2.31% of all independent shareholders AGAINST).</li>
<li>This is in line with our expectations - in <em><strong><a href="https://www.smartkarma.com/insights/lifestyle-international-1212-hk-s-wide-spread-heading-into-the-21-november-vote" target="_blank" data-smartkarma-citation="insights:84580" rel="noopener">Lifestyle International (1212 HK)’s Wide Spread Heading into the 21 November Vote</a></strong></em> that despite the wide spread, the offer would succeed.</li>
<li>At the last close and for the 30 December payment date, the gross and annualised spread to the offer is 2.0% and 20.6%, respectively.</li>
</ul>



Lifestyle International Holdings (1212 HK)’s scheme resolution was approved at today’s court meeting - 94.93% of independent share votes cast FOR (2.31% of all independent shareholders AGAINST).
This is in line with our expectations - in Lifestyle International (1212 HK)’s Wide Spread Heading into the 21 November Vote that despite the wide spread, the offer would succeed.
At the last close and for the 30 December payment date, the gross and annualised spread to the offer is 2.0% and 20.6%, respectively.


EVOC Intelligent Technology Company Limited H (2308 HK)

EVOC Intelligent Technology Company Limited H

Lifestyle International (1212 HK)’s Court Meeting – And that Is a Pass