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

Singapore-based independent IT hardware reseller <a href="https://www.smartkarma.com/entities/procurri-corp-ltd" target="_blank" data-smartkarma-citation="entities:24110:1" rel="noopener">Procurri Corporation (PROC SP)</a> announced they received a <a href="https://links.sgx.com/FileOpen/Offer%20Announcement.ashx?App=Announcement&amp;FileID=651979" target="_blank" rel="noopener">Voluntary Conditional Cash Partial Tender Offer</a> from an investment vehicle controlled by Singapore-based private equity fund Novo Tellus. 
The Offer Price for the Partial Offer is S$0.365 per share in cash and the Offeror intends to acquire 27.91% of the total number of shares. If the Offer is successful, the Offeror will hold in aggregate 51.0% of the company. 
Following the announcement of the Deal, PROC shares closed at S$0.34. 
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For more information about M&amp;A rules, regulations, and practices in Singapore, please refer to <a href="https://www.smartkarma.com/insights/quiddity-singapore-m-a-guide-2019" target="_blank" data-smartkarma-citation="insights:28849" rel="noopener">Quiddity Singapore M&amp;A Guide 2019</a>
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Singapore-based independent IT hardware reseller Procurri Corporation (PROC SP) announced they received a Voluntary Conditional Cash Partial Tender Offer from an investment vehicle controlled by Singapore-based private equity fund Novo Tellus. 
The Offer Price for the Partial Offer is S$0.365 per share in cash and the Offeror intends to acquire 27.91% of the total number of shares. If the Offer is successful, the Offeror will hold in aggregate 51.0% of the company. 
Following the announcement of the Deal, PROC shares closed at S$0.34. 


For more information about M&amp;A rules, regulations, and practices in Singapore, please refer to Quiddity Singapore M&amp;A Guide 2019


Procurri Corporation (PROC SP): Partial Tender Offers Scant Opportunity