In today’s briefing:
- Last Week in Event SPACE: NTT, Razer, Shinsei Bank, Evergrande, Bank of Kyoto, Nippon Express
- Asia-Pac Weekly Risk Arb Summary: Koufu Group, Mesco, Japan Asset, Isolite, Shinsei Bank, Razer
Last Week in Event SPACE: NTT, Razer, Shinsei Bank, Evergrande, Bank of Kyoto, Nippon Express
- NTT (9432 JP) sees a US$1bn selldown of shares on 29 December, due to a weird quirk in the way TOPIX and JPX Nikkei 400 are constructed and managed.
- China’s State Administration for Market Supervision is reviewing Razer (1337 HK)‘s privatisation as a simple case. With the key regulatory pre-condition all but satisfied, the Scheme timeline will significantly shorten.
- The trade is to be long the back end of Shinsei Bank (8303 JP)‘s Tender Offer. BUY Shinsei Bank shares – outright, and vs large Japanese banks with higher PBRs.
Asia-Pac Weekly Risk Arb Summary: Koufu Group, Mesco, Japan Asset, Isolite, Shinsei Bank, Razer
- There are currently 44 – mostly firm – transactions currently being discussed and analysed on Smartkarma.
- Four new deals this week: Koufu Group Ltd (KOUFU SP), Mesco Inc (1737 JP), Japan Asset Marketing (8922 JP), and Isolite Insulating Products (5358 JP).
- Keys updates took place for: Shinsei Bank (8303 JP) and Razer Inc (1337 HK).
Before it’s here, it’s on Smartkarma
