This is not a straightforward arb situation. If you have confidence in the 95% threshold, get involved here and on any pullback. On balance, I think this will get up.
Boomeranged on Fri, 8 Sep 2023 10:31
18.70% tendered at the close of the Tender Offer. And as GSIS shares (11.98%) are considered non-public - which was not evident or clear from the PSE or HKEx announcements - First Pac has 96.87% of MPIC, paving the way for the voluntary delisting. The Tender Offer period is extended to September 19.
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