APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/bega-cheese-ltd" target="_blank" data-smartkarma-citation="entities:7272:1" rel="noopener">Bega Cheese Ltd (BGA AU)</a> is looking to raise about A$400m via a 1-for-4.5 Pro-rata accelerated non-renounceable entitlement offer and an institutional placement to partially fund the acquisition of Lion Dairy and Drinks from Kirin.</p><p>In this note, we will look at the details of the acquisition, impact on earnings, and share our thoughts on the placement.</p>

Bega Cheese Ltd (BGA AU) is looking to raise about A$400m via a 1-for-4.5 Pro-rata accelerated non-renounceable entitlement offer and an institutional placement to partially fund the acquisition of Lion Dairy and Drinks from Kirin.In this note, we will look at the details of the acquisition, impact on earnings, and share our thoughts on the placement.

Bega Cheese Placement + Entitlement Offer - A Sensible Acquisition