Singapore Medical’s VGO Acceptance Condition Fixed at 90%
The offer is underwhelming and will struggle to hit the 90% minimum acceptance condition. With shares trading in line with the offer, take profits...
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Singapore Medical’s Light VGO Offer from Top Management
The offer is light, but the offeror reserves the right to reduce the acceptance condition to a lower level (above 50%). At the last close, the...
305 Views
Qualitas Medical Group IPO Review - Valuation up 95% in One Month
Qualitas Medical Group (QMGL SP) is looking to raise approximately US$102m in its upcoming IPO. The company will be using the proceeds to make...
517 Views
The Week that Was in ASEAN@Smartkarma - Consumer Finance, Political Scenarios and Indonesian Banks
This week's offering across ASEAN@Smartkarma is as always an eclectic mix of both top-down and thematic insights, as well as equity bottom up. I...
183 Views
Fullerton Healthcare IPO: Valuation Implies that the Whole Is 3-4x Larger than the Sum-Of-The-Parts
Fullerton Healthcare plans to raise US$160-200m in its IPO, through a mix of selling primary and secondary shares. Our fellow insight...
964 Views