Sawada (8699) - Upsilon To End Its Tender, and Khan Bank Applies to List
The Sawada Tender Offer Will End. The Khan Bank listing saga is about to begin. There is gamesmanship, a prisoner's dilemma, and a new example of...
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(Mostly) Asia M&A: May 2021 Roundup
The average premium for the new deals announced (or first discussed) in May was ~41%, with a year-to-date average of ~31% (78 deals).
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Be Careful of Expectations on Sawada (8699)
J Trust has gone to 9% on Sawada. J Trust has a history in EM Asian financial assets. It even has a small business in Mongolia. But JT being a new...
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Sawada Is A Different Stock Now
Sawada has rebounded to pre-Mongolia Banking Law Amendment highs and has seen over half of float move from one party to multiple parties. It's an...
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Sawada Selldown Was NOT Done - Shareholder Structure Looks Different Now
One Large Shareholder of Sawada had to sell down their stake from 26% to 19.9%. They did in late April. And in the next four trading days sold...
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