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 May 2021, Shopping information website operator <a href="https://www.smartkarma.com/entities/locoguide-inc" target="_blank" data-smartkarma-citation="entities:33345:1" rel="noopener">Locoguide (4497 JP)</a> and real-estate web portal operator <a href="https://www.smartkarma.com/entities/kufu-co" target="_blank" data-smartkarma-citation="entities:33344:1" rel="noopener">Kufu (4399 JP)</a> announced (<a href="https://kufu.co.jp/files/2021051407060107214.pdf" target="_blank" rel="noopener">J-only</a>) plans to merge in a Deal that would see both companies get delisted from the Tokyo Stock Exchange and get re-listed as a new combined entity. The Exchange Ratio for the Deal is set at 4.10 Kufu shares per Locoguide share. The Locoguide Shareholder Meeting and Kufu Shareholder Meeting for approving the Deal are expected to take place on 24th June 2021 and 7th July 2021, respectively. The transaction is expected to be completed 1 October 2021. More below the fold.

On 14th May 2021, Shopping information website operator Locoguide (4497 JP) and real-estate web portal operator Kufu (4399 JP) announced (J-only) plans to merge in a Deal that would see both companies get delisted from the Tokyo Stock Exchange and get re-listed as a new combined entity. The Exchange Ratio for the Deal is set at 4.10 Kufu shares per Locoguide share. The Locoguide Shareholder Meeting and Kufu Shareholder Meeting for approving the Deal are expected to take place on 24th June 2021 and 7th July 2021, respectively. The transaction is expected to be completed 1 October 2021. More below the fold.  

Locoguide (4497 JP) - Kufu (4399 JP): Merger Is a Done Deal