Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

This afternoon, subject to the waiver or fulfillment of pre-conditions,  <a href="https://www.smartkarma.com/entities/11410" target="_blank" data-smartkarma-citation="entities:11410:1">Brc Asia Ltd (BRC SP)</a> announced it <a href="http://infopub.sgx.com/FileOpen/Preconditional_offer_announcement.ashx?App=Announcement&amp;FileID=489632" target="_blank">will make</a> a voluntary conditional offer of S$0.42/share for <a href="https://www.smartkarma.com/entities/12162" target="_blank" data-smartkarma-citation="entities:12162:1">Lee Metal Group Ltd (LEE SP)</a>, a distributor and fabricator of steel products. Lee Metals last closed at S$0.41. The VGO carries a minimum acceptance condition of 50% and irrevocables totaling 48.06% have been received.A quick walk through this relatively simple deal below the line.Before reading on, Lee Metal has a market cap of US$147mn and trades (using a 3-mth average) US$0.2mn/day.

This afternoon, subject to the waiver or fulfillment of pre-conditions,  Brc Asia Ltd (BRC SP) announced it will make a voluntary conditional offer of S$0.42/share for Lee Metal Group Ltd (LEE SP), a distributor and fabricator of steel products. Lee Metals last closed at S$0.41. The VGO carries a minimum acceptance condition of 50% and irrevocables totaling 48.06% have been received.A quick walk through this relatively simple deal below the line.Before reading on, Lee Metal has a market cap of US$147mn and trades (using a 3-mth average) US$0.2mn/day.

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Thematic (Sector/Industry)

<ul>
<li>SGX lists four stocks mining industrial minerals including tantalite, phosphate, limestone and marble, four coal mining stocks and three gold mining stocks. These 11 stocks are at different stages in the exploration, development, production cycle and have averaged a 19.0% gain in 2017 YTD.</li>
<li>
Of the three segments, mining industrial minerals has been the strongest performer in the 2017 YTD with an average 30.4% gain, led Alliance Minerals Assets. Coal was the next best performer with the four stocks…</li>
</ul>


SGX lists four stocks mining industrial minerals including tantalite, phosphate, limestone and marble, four coal mining stocks and three gold mining stocks. These 11 stocks are at different stages in the exploration, development, production cycle and have averaged a 19.0% gain in 2017 YTD.

Of the three segments, mining industrial minerals has been the strongest performer in the 2017 YTD with an average 30.4% gain, led Alliance Minerals Assets. Coal was the next best performer with the four stocks…


Average 19% YTD Gain in Key Mining Stocks

Singapore

Lee Metal Group Limited supplies a range of reinforcement steel products.  The Company also imports reinforcement steel bars and steel plates as well as fabricates and manufactures cut-and-bend reinforcement steel bars and steel welded mesh.  Lee Metal owns, operates, and charters vessels.

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Lee Metal (LEE SP)

Lee Metal: Priced to Steel

This afternoon, subject to the waiver or fulfillment of pre-conditions, Brc Asia Ltd (BRC SP) announced it will make a voluntary conditional offer...

David Blennerhassett

Average 19% YTD Gain in Key Mining Stocks

SGX lists four stocks mining industrial minerals including tantalite, phosphate, limestone and marble, four coal mining stocks and three gold...

Singapore Exchange Ltd (SGX)

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)