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

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

On 14th September 2020, Stationery and Office equipment retailer <a href="https://www.smartkarma.com/entities/officemate-pcl" target="_blank" data-smartkarma-citation="entities:17857:1" rel="noopener">COL PCL (COL TB)</a> announced they agreed to be acquired by <a href="https://www.smartkarma.com/entities/central-retail-corp-ltd" target="_blank" data-smartkarma-citation="entities:28240:1" rel="noopener">Central Retail (CRC TB)</a> in a Deal that valued the company at a market cap of ~US$390mn. CRC intends to delist the shares of COL following the completion of the Deal and this will require approvals from COL shareholders and the Stock Exchange of Thailand. Once approvals have been granted, a tender offer will be launched for 100% of the shares in COL. The transaction is expected to close in 1Q 2021. The Offer price will be THB19.00 per share in cash. At the time of writing, COL is trading just below Terms. As always, there is more below the fold.<hr>For more about the rules and practices in Thai M&amp;A, please refer to the <a href="https://www.smartkarma.com/insights/quiddity-thailand-m-a-guide-2019" target="_blank" data-smartkarma-citation="insights:29577" rel="noopener">Quiddity Thailand M&amp;A Guide 2019</a>.

On 14th September 2020, Stationery and Office equipment retailer COL PCL (COL TB) announced they agreed to be acquired by Central Retail (CRC TB) in a Deal that valued the company at a market cap of ~US$390mn. CRC intends to delist the shares of COL following the completion of the Deal and this will require approvals from COL shareholders and the Stock Exchange of Thailand. Once approvals have been granted, a tender offer will be launched for 100% of the shares in COL. The transaction is expected to close in 1Q 2021. The Offer price will be THB19.00 per share in cash. At the time of writing, COL is trading just below Terms. As always, there is more below the fold.For more about the rules and practices in Thai M&amp;A, please refer to the Quiddity Thailand M&amp;A Guide 2019. 

COL-Central Retail Corp: Thailand Delisting Offer Trading Tight