Jardine Matheson: Lessons in Dissent
At a 13% discount to NAV, this not attractive for a complicated holding company structure. In all likelihood, near-term news may focus on these...
585 Views
Frasers L&C Trust Joins STI, Boosting the Benchmark’s REIT Exposure to 15%
Effective today, Frasers Logistic & Commercial Trust has joined the STI with an indicative weight of 1.3%, taking the number of REITs...
647 Views
Jardine Matheson: Strategic Buyout Done
The acquisition is done. Yet Matheson at a 14% discount is not particularly attractive. Plus the governance-lacking aspects of the UK's Standard...
431 Views
StubWorld: ThaiBev’s BeerCo Spin-Off One Step Closer
I see perhaps 12% upside from here if assuming a 25% discount to NAV. Given its growth potential, investors may switch out of ThaiBev into BeerCo....
337 Views
(Mostly) Asia M&A: March 2021 Roundup
The average premium for the new deals announced (or first discussed) in March was ~31%, with a year-to-date average of ~31% (57 deals).
273 Views