Daily Brief ECM: Weekly Deals Digest (09 Jul) - Socionext and more

In today’s briefing:

Weekly Deals Digest (09 Jul) – Socionext, Tryt, Costa, Musgrave, United Malt, Yachiyo, Metro Pacific
Plus Alpha Consulting Placement – Pulling Out All Stops for Deal Success as Insiders Are Selling
Xiamen International Investment Pre-IPO Tearsheet

Weekly Deals Digest (09 Jul) – Socionext, Tryt, Costa, Musgrave, United Malt, Yachiyo, Metro Pacific

A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.
ECM developments – Tryt Inc (9164 JP), Alibaba (ADR) (BABA US)‘s Cainiao & Cloud Intelligence Group, J&T Global Express (1936374D CH) IPOs & Socionext (6526 JP)‘s secondary placement.
Event-Driven developments – Costa Group Holdings (CGC AU), Musgrave Minerals (MGV AU), Yachiyo Industry (7298 JP), Metro Pacific Investments Co (MPI PM), Healthway Medical Corp (HMED SP).

Three shareholders of Plus Alpha Consulting (4071 JP) (PAC) aim to raise around US$230m via selling over 26% of the company.
PAC was listed in 2021 and after a somewhat tepid initial performance it has been doing well over the past year.
In this note, we talk about the deal dynamics and run the deal through our ECM framework

Xiamen International Investment (1567256D HK) is looking to raise up to US$1.3bn in its upcoming HK IPO. The deal will be run by CICC, Citic Securities, Huatai and Industrial Securities.
Xiamen International Investment (XII) is an integrated financial services group based in China’s Greater Bay Area.
The Group has two commercial banks headquartered in Hong Kong and Macau, respectively and operates through its two banks Chiyu Banking Corporation (CYB) and Luso International Banking (LIB).

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