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

Today after market-close, Japanese small-cap software development company <a href="https://www.smartkarma.com/entities/being-co-ltd" target="_blank" data-smartkarma-citation="entities:11576:1" rel="noopener">Being Co Ltd (4734 JP)</a> announced (<a href="https://www.beingcorp.co.jp/ir/library/files/div37/news/topics-210208-002.pdf" target="_blank" rel="noopener">J-only</a>) they have received a Management Buy-out Offer from their Top shareholder Truth Co., Ltd.The Deal will be structured as a Tender Offer. The Offer Price is ¥900/share in cash and the Tender Offer Period will be open from 9th February 2021 to 24th March 2021. Being Co develops and sells software products for construction companies and government agencies in Japan and internationally. The company offers construction-related products mainly under their "Gaia" series which covers many areas of work relating to planning, bidding, income and expenditure management, document preparation, and process management. They also develop software for electrical and water equipment contractors to create construction drawings, quotations and application documents. Furthermore, they also provide productivity improvement software. More below the fold.

Today after market-close, Japanese small-cap software development company Being Co Ltd (4734 JP) announced (J-only) they have received a Management Buy-out Offer from their Top shareholder Truth Co., Ltd.The Deal will be structured as a Tender Offer. The Offer Price is ¥900/share in cash and the Tender Offer Period will be open from 9th February 2021 to 24th March 2021. Being Co develops and sells software products for construction companies and government agencies in Japan and internationally. The company offers construction-related products mainly under their "Gaia" series which covers many areas of work relating to planning, bidding, income and expenditure management, document preparation, and process management. They also develop software for electrical and water equipment contractors to create construction drawings, quotations and application documents. Furthermore, they also provide productivity improvement software. More below the fold.  

MBO for Being Co (4734 JP): Tender Offer Is a Done Deal