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

Yageo Takes The Fight to Passives With KEMET Bid

Kemet-Yageo: Spread to Compress After CFIUS Approval?

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<p>Taiwanese electronic component manufacturer <a href="https://www.smartkarma.com/entities/yageo-corporation" target="_blank" data-smartkarma-citation="entities:13212:1" rel="noopener">Yageo Corporation (2327 TT)</a> announced on 30th June 2021 they will acquire all of the outstanding shares of Inductor manufacturer <a href="https://www.smartkarma.com/entities/chilisin-electronics-corp" target="_blank" data-smartkarma-citation="entities:1372:1" rel="noopener">Chilisin Electronics (2456 TT)</a> in a stock-swap transaction which will see Chilisin get delisted and become a wholly-owned subsidiary of Yageo.</p><p>The conversion ratio is 0.2002 Yageo shares per Chilisin share. However, according to the <a href="https://www.yageo.com/en/PressRoom/Content/press_room?category=ir_pr&amp;news_id=20210630&amp;page=1" target="_blank" rel="noopener">Deal announcement</a>, the final share conversion ratio will be adjusted according to the share conversion contract of both parties.</p><p>The Deal is expected to close at the end of 2021 and is subject to the receipt of required regulatory approvals and approval from shareholders of both companies. </p><p><em>More below the fold. </em></p><hr><div><div><div class="content-remarks"><p>For more information about M&amp;A rules, regulations, and practices in Australia, please refer to <a href="https://www.smartkarma.com/insights/quiddity-taiwan-m-a-guide-2019" target="_blank" data-smartkarma-citation="insights:30640" rel="noopener">Quiddity Taiwan M&amp;A Guide 2019</a> </p></div></div></div>

Taiwanese electronic component manufacturer Yageo Corporation (2327 TT) announced on 30th June 2021 they will acquire all of the outstanding shares of Inductor manufacturer Chilisin Electronics (2456 TT) in a stock-swap transaction which will see Chilisin get delisted and become a wholly-owned subsidiary of Yageo.The conversion ratio is 0.2002 Yageo shares per Chilisin share. However, according to the Deal announcement, the final share conversion ratio will be adjusted according to the share conversion contract of both parties.The Deal is expected to close at the end of 2021 and is subject to the receipt of required regulatory approvals and approval from shareholders of both companies. More below the fold. For more information about M&amp;A rules, regulations, and practices in Australia, please refer to Quiddity Taiwan M&amp;A Guide 2019 

Chilisin - Yageo: Taiwan Scrip Deal Trading Wide