Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Apollo - THL: Scheme Booklet Out, Meeting on 20th April 2022

Quiddity M&A: Australia Foreign Investment Reforms

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

Apollo Tourism & Leisure Ltd / Event-Driven

<ul>
<li>Last week, Australia-based <a href="https://www.smartkarma.com/entities/apollo-tourism-leisure-ltd" target="_blank" data-smartkarma-citation="entities:24305:1" rel="noopener">Apollo Tourism &amp; Leisure Ltd (ATL AU)</a> and New Zealand-based <a href="https://www.smartkarma.com/entities/tourism-holdings-ltd" target="_blank" data-smartkarma-citation="entities:2787:1" rel="noopener">Tourism Holdings (THL NZ)</a> agreed to merge in a ~US$430mn all-scrip transaction.</li>
<li>Apollo Shareholders will receive 1 new ordinary THL share for every 3.680818 ordinary Apollo shares held. The Deal is conditional on shareholder and regulatory approvals and other conditions.</li>
<li>Below is a closer look at the details of this Deal and potential reasons for why it is trading wide with roughly six months to completion.</li>
</ul>


Last week, Australia-based Apollo Tourism &amp; Leisure Ltd (ATL AU) and New Zealand-based Tourism Holdings (THL NZ) agreed to merge in a ~US$430mn all-scrip transaction.
Apollo Shareholders will receive 1 new ordinary THL share for every 3.680818 ordinary Apollo shares held. The Deal is conditional on shareholder and regulatory approvals and other conditions.
Below is a closer look at the details of this Deal and potential reasons for why it is trading wide with roughly six months to completion.


Apollo - THL: Scrip Merger of RV Travel Companies Trading Wide Now