Dickson Concepts (113 HK): Sir Poon’s Scheme Offer Below Net Cash
The offer, while light, will likely succeed. No disinterested shareholder holds a blocking stake, and retail seems supportive (lowering the risk of...
309 Views
Poon's Underpriced Takeover. Minorities Deserve Better
A consistently profitable company, taken out below net cash: yes, this is being done too cheap. If illiquid arbs are your bag, and you're quietly...
278 Views
Dickson Concepts (113 HK): Controlling Shareholder to Privatise a Negative EV Play?
While no disinterested shareholder holds a blocking stake, the headcount test and a decent AGM participation rate necessitate an attractive offer....
536 Views
Poon Moves On Dickson Concepts (113 HK)'s Cash Hoard?
DC's Chairman, Dickson Poon (& spouse), hold 60.5%. Given DC’s net cash hoard - HK$7.44/share - taking the company private makes sense.
630 Views
Weekly Deals Digest (27 Apr) - Shibaura, Fujitsu General, Gunma/DHFG, Bright Smart, DN Solutions
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
348 Views