logo
bullish

Asmedia Technology

ASMedia GDR Early Look - Momentum Has Been Strong, and Raising Would Grow Its Cash Base Almost 6x

Clarence has highlighted this Insight as a Top Pick
639 Views07 May 2024 07:00
Asmedia Technology (5269 TT) is looking to raise up to US$333m in its upcoming global depository receipts (GDRs) offering.
What is covered in the Full Insight:
  • ASMedia's upcoming GDR offering
  • Previous GDR listings and potential timeline for ASMedia's GDR
  • Evaluation of the company's recent financial performance
  • Impact of the GDR offering on ASMedia
  • Concluding analysis on ASMedia's GDR issuance
Boomeranged on Tue, 28 May 2024 15:43
ASMedia has launched its US$335m GDR offering. In total, 5.3m GDRs are offered at a 4.5-7.8% discount to the last close. Conversion ratio: 1 GDR = 1 ordinary share on the Taiwan-leg.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top 5%
Clarence Chu
APAC IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
Price Chart(Sign Up to Access)
analytics-chart

Copyright © 2022 Smartkarma Innovations Pte Ltd. All Rights Reserved. v3.33.7

x