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

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

O-Net Technologies (Group)  / Event-Driven

<p><a href="https://www.smartkarma.com/entities/o-net-technologies-group-limited" target="_blank" data-smartkarma-citation="entities:16122:1" rel="noopener">O-Net Technologies (Group) (877 HK)</a> designs, manufactures and sells optical networking products for the high-speed telco and data communications systems as well as machine vision systems and sensors for smart manufacturing market. After market close on Wednesday, it announced a privatisation offer by way of a scheme of arrangement from Optical Beta Limited. The offeror will offer HK$6.50 cash per scheme share. The bid represents a premium of 23.57% over the closing price of HK$5.26 per share on the last trading day (3 July 2020).</p><div class="content-highlight"><p>The key condition precedents are the headcount test along with the scheme approved by at least 75% disinterested shareholders and &lt;10% rejection by all disinterested shareholders. Overall, we believe that the privatisation bid will be successful. </p></div>

O-Net Technologies (Group) (877 HK) designs, manufactures and sells optical networking products for the high-speed telco and data communications systems as well as machine vision systems and sensors for smart manufacturing market. After market close on Wednesday, it announced a privatisation offer by way of a scheme of arrangement from Optical Beta Limited. The offeror will offer HK$6.50 cash per scheme share. The bid represents a premium of 23.57% over the closing price of HK$5.26 per share on the last trading day (3 July 2020).The key condition precedents are the headcount test along with the scheme approved by at least 75% disinterested shareholders and &lt;10% rejection by all disinterested shareholders. Overall, we believe that the privatisation bid will be successful. 

O-Net Technologies (Group)

O-Net’s Privatisation Bid