bullish
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
687 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
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