JAFCO (8595 JP): Murakami Gets His Way with a JPY2,500 Tender Offer
The justification for the transaction is weak as most of the benefits could have been achieved without it. This undermines the Board's ability to...
734 Views
ECM Weekly (11th Dec 2022) - ITail, Sunshine, Weilong, VinFast, Skymark, Tian Tu, Cntry Gard, Nippon
Aequitas Research puts out a weekly update on the deals that were covered by the team recently along with updates for upcoming IPOs.
488 Views
JAFCO (8595) Cancels Tender Offer - I Offer a Modest Proposal For Good Governance
JAFCO was greenmailed by Murakami-san. The other shareholders didn't buy the plan so VWAP fell short and Murakami isn't playing ball. Now they need...
704 Views
Fujitsu (6702) Buyback Just Getting Started
Fujitsu announced their buyback many months ago (late April 2022) but bought nothing til last month when they were 15%. Expect 11-15% of volume...
509 Views
JAFCO (8595) Sells NRI Shares But VWAP Falling Short - Comes Down To Murakami-San
JAFCO sold its NRI stake lowering pro-forma NAV/share by 5.3% vs 30Sep. The VWAP Ref. for the Buyback Tender Offer looks to be 6.5% lower. Murakami...
430 Views