Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

Glorious Property has announced a trading halt in relation to a possible privatization by the controlling shareholder.Glorious Property had failed in its privatization plan back in 2013 due to the headcount rule; similar to New World China Land ("NWCL"), this could be a second privatization offer for Glorious.If they do announce a privatization plan, it would be the third real estate privatization this year for Hong Kong; fourth if you consider Nirvana as a real estate company.In this insight, we examine what a fair offer might be for Glorious if a privatization offer gets tabled and the likelihood of pushing the deal through this time around...

Glorious Property has announced a trading halt in relation to a possible privatization by the controlling shareholder.Glorious Property had failed in its privatization plan back in 2013 due to the headcount rule; similar to New World China Land ("NWCL"), this could be a second privatization offer for Glorious.If they do announce a privatization plan, it would be the third real estate privatization this year for Hong Kong; fourth if you consider Nirvana as a real estate company.In this insight, we examine what a fair offer might be for Glorious if a privatization offer gets tabled and the likelihood of pushing the deal through this time around... 

Glorious Property - Privatization 2.0? Odds Seem to Be Stacked Against Zhang