In today’s briefing:
- Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value
- MoneyHero Group: A Promising Q1 2024 Result With Lots To Look Forward To!!
Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value
- Thai Beverage(THBEVSP)‘s proposed swap deal involves acquiring a 41.3% stake in F&N from promoters, seemingly at book value than fair market value, expected in case of an arms length transaction.
- Fraser And Neave (FNN SP) holds a 20.3% stake in Vietnam Dairy(VNM VN), Vietnam’s leading dairy player, which is now trading at nearly a 40% discount to the investment value.
- Understanding TCC Assets’ ownership history of F&N may help clarify the deal’s valuation rationale.
MoneyHero Group: A Promising Q1 2024 Result With Lots To Look Forward To!!
- This is a follow-up research note on MoneyHero Group, a leading personal finance aggregation and comparison entity in Greater Southeast Asia.
- In its most recent Q1 2024 result, the company continues to demonstrate exceptional growth and strategic agility.
- MoneyHero Group has seen a significant uptick in revenues and improved margins and was also in the news for an important strategic sale of CompareHero in Malaysia that could prove to be another game changer.