bullish

Oishi Group

Oishi Group: Shareholders Back ThaiBev’s Offer

812 Views04 May 2023 10:39
You have the controlling shareholder, in an illiquid company, taking it private, at an okay premium to undisturbed. Assuming completion ~23 August, this is trading tight at 1.9%/6.4% gross annualised.
Boomeranged on Wed, 23 Aug 2023 12:37
The Offer for Oishi has closed with ThaiBev holding 98.5%. Despite the odd 5.9% gain yesterday, Oishi's IR has confirmed that i) shares are expected to delist in September 2023 (awaiting SET to announce the last trading date and the delisting date); ii) Oishi's shareholders have already approved the delisting (on 3 May); and iii) there are no more Tender Offers from ThaiBev.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
David Blennerhassett
Pan-Asia Catalysts/Events
Quiddity Advisors
EquitiesEvent-Driven
x