(Mostly) Asia-Pac Weekly Risk Arb Wrap: Liontown, United Malt, Estia, Mincor, Origin, Toyo, Toshiba
This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...
461 Views
Golden Energy: Dian Swastatika Goes To Vote. Nothing To See Here
DSSA's vote is a nothing burger. The Offer remains low-balled. GEAR is not expensive here. Terms have not been declared final. Buy at or around...
393 Views
Golden Energy (GER SP): DSS Vote on 2 May; Appraiser Unconvincingly States that Offer Is Fair
The DSS appraiser (unsurprisingly) opines that the Widjaja family offer is fair. However, the valuation is flawed. Our SoTP valuation is S$1.29 per...
376 Views
Weekly Deals Digest (26 Mar) - Toshiba, Toyo, Healius, Mincor, Rakuten Bank, SBI Sumishin, Harita
Last week, notable developments occurred in Event-Driven (Essential, Estia, Healius, Mincor, Nitro, Jiangnan, Toshiba, Toyo, Golden Energy) and ECM...
359 Views
Golden Energy (GER SP): Revised Offer Is Still Not Good Enough
The revised offer remains light but has not been declared final. The key issue remains that the revised offer does not reflect the fair value of...
367 Views