IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/esr-cayman-ltd" target="_blank" data-smartkarma-citation="entities:27983:1" rel="noopener">ESR Cayman (ESR HK)</a> is the largest APAC focused logistics real estate platform by GFA and value of assets, according to JLL. Three months since pulling its IPO due to “<em>current market conditions</em>”, ESR has refiled a new application proof with the HKEX.</p><div class="content-highlight"><p>The new application proof discloses 1H19 numbers. The 1H19 numbers have several moving pieces but constitute a reasonable interim report. Overall, we continue to believe that ESR has sound fundamentals.</p></div>

ESR Cayman (ESR HK) is the largest APAC focused logistics real estate platform by GFA and value of assets, according to JLL. Three months since pulling its IPO due to “current market conditions”, ESR has refiled a new application proof with the HKEX.The new application proof discloses 1H19 numbers. The 1H19 numbers have several moving pieces but constitute a reasonable interim report. Overall, we continue to believe that ESR has sound fundamentals.

ESR Group

ESR Cayman IPO: Moving Pieces