Soundwill Holdings (878 HK): Founder's Scheme At $8.50/Share
The Offer is what it is. No competing Offer will emerge. And it's final. If small illiquid arbs are your bag, get in around $8/share, assuming a...
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Soundwill Holdings (878 HK): Foo Family’s Offer at HK$8.50
While the offer is light compared to peer multiples, it is attractive compared to historical trading ranges. A low AGM minority participation rate...
494 Views
Soundwill Holdings (878 HK): Privatisation from the Controlling Shareholder?
The controlling shareholder is likely considering a Bermuda scheme. While no disinterested shareholder holds a blocking stake, the headcount test...
446 Views
Soundwill Holdings (878 HK): Privatisation Expected From The Controlling Family
Despite Soundwill's illiquidity, the controlling family probably still needs to offer a premium of 50%-75%. Not just to account for the low P/B...
564 Views
Merger Arb Mondays (24 Mar) - HKBN, ESR, Canvest, Vesync, Seven & I, Proto, Makino, Spartan
We summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
355 Views