In today’s briefing:
- AMMB Holdings Placement – Last Selldown Did Well, This One Will Remove the Overhang
- Morning Views Asia: Shui On Land
- Crypto Moves #30 – The European Union’s MiCA Removes Tether from the Market
AMMB Holdings Placement – Last Selldown Did Well, This One Will Remove the Overhang
- ANZ Funds is looking to raise around US$149m from selling its remaining stake in AMMB Holdings (AMM MK).
- ANZ has sold the majority of its stake in AMMB earlier in Mar 2024. Coming to markets again to sell its remaining stake, the deal here should be well flagged.
- In this note, we run the deal through our ECM framework and comment on deal dynamics.
Morning Views Asia: Shui On Land
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
Crypto Moves #30 – The European Union’s MiCA Removes Tether from the Market
- Recently, we have discussed the significant positive shift in the U.S. regulatory environment for crypto.
- You might be weary of regulatory discussions, but we need to address the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework.
- This framework is set to take full effect on December 30, 2024.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
