bullish
SBI Shinsei Bank (8303) Calls Its EGM and Appraisal Rights Seekers Prepare for Battle
823 Views22 Jul 2023 10:42
SBI Shinsei last week announced its Squeeze-Out EGM (Sep 1). The Record Date was past. Delisting end-Sep. Now the long wait for Appraisal Rights case(s) to proceed. But they may have helped the case.
Boomeranged on Wed, 30 Aug 2023 12:20
The Shinsei EGM is on 1 Sep. The vote SHOULD BE a foregone conclusion. It will be interesting to see the detailed results (which may take a few days). Once EGM results are out (same day), the TSE will announce SBI Shinsei as a Security Designated To Be Delisted, triggering a decision to remove it from TOPIX on T+4. That will mean deletion on 6 Sep. The shares are trading ever higher through terms.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- SMFG (8316) - 75% Less JGBs than MUFG | Affiliates Show Worsening Profit | Credit Costs ~2x Vs Past13 Sep 2023
- MUFG (8306) - Biggest JPN Bank, Lowest LDR at 48%: Most Bonds | ROE Surge to 12% May Be Sustainable12 Sep 2023
- SBI Shinsei Bank (8303) EGM Done. TOPIX Removal on Weds, Last Day Is 27 Sep, Money Comes Next Year.03 Sep 2023
- Shinsei's TOB Period Almost Done - What Next?20 Jun 2023
- SBI Launches Opportunistic, Unfair Offer for Shinsei (8303) And Shinsei Board Drops the Ball14 May 2023
- 2023 High Conviction - SBI Shinsei Bank (8303 JP) - Still Reading Between the Lines05 Jan 2023
x