Freelance Research Analyst

Tay Hock Meng

Equity Bottom-Up

<p>In recent weeks, there have been news of several management buyout of companies, including the latest by toll operator, Chinese Merchants Holdings (Pacific) Limited or CM Pacific which was reportedly being offered by its parent listed company in Hong Kong, <a href="https://www.smartkarma.com/insights/china-merchants-holdings-pacific-expressway-to-completion" target="_blank">China Merchants Group Limited (CMH)</a> for a takeout price of about S$1.02 per share, or S$1.8 billion. This latest takeout news along with others prompted us to take a closer look at some of the potential SGX-listed S-Chip property counters that might be seen as takeout candidates in the near term.</p>

In recent weeks, there have been news of several management buyout of companies, including the latest by toll operator, Chinese Merchants Holdings (Pacific) Limited or CM Pacific which was reportedly being offered by its parent listed company in Hong Kong, China Merchants Group Limited (CMH) for a takeout price of about S$1.02 per share, or S$1.8 billion. This latest takeout news along with others prompted us to take a closer look at some of the potential SGX-listed S-Chip property counters that might be seen as takeout candidates in the near term.

China Yuanbang Property Holdings (CYBP SP)

Luminor Financial Holdings Limited (STHL SP)

Chinese S-Chip Property Companies Slated for Potential Takeout

Yanlord Land

Chinese S-Chip Property Companies Slated for Potential Takeout