Poultry: Headwinds from Both Costs and Selling Prices
Despite looking at better performance in 2H23 from moderating feed raw material costs and better purchasing power, we expect weak 1Q23 earnings off...
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The Week That Was in ASEAN@Smartkarma - SCMA's Reset, Metrodata, and Indocement's Alternative Edge.
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
316 Views
Fengxiang (9977 HK): Delisting Resolution Fails, MGO Closes 1 February
The MGO is not conditional on the approval of the delisting resolution. At the last close and for a 10 February payment, the annualised spread is...
349 Views
Fengxiang (9977 HK)’s Share Transfer to PAG Complete, Unconditional MGO
The composite document is to be despatched on or before 28 December. At last close and for an end-of-January payment, the gross and annualised...
557 Views
Fengxiang’s Unconditional MGO at HK$ 1.5132 from PAG
The unconditional MGO is HK$1.5132 per H Share. Our best guess is the MGO completes end-January 2023. At the last close, the gross spread is 14.6%.
288 Views