Eden advisors post - Special situations (M&A) in the local SG market

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8 years 5 months ago #22670 by Bobby64
Hi All,

I did a compilation of 3 M&A situations in Singapore Stock Market. Appreciate the comments/feedback and hope to spur some discussion. More details in the link below.
1. China Minzhong
2. Asiatravel.com
3. Saizen Reit

edenadvisors.blogspot.sg/2015/11/special...local-sg-market.html
The following user(s) said Thank You: Joes

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8 years 5 months ago #22672 by Joes
Bravo! Good compilation. Asiatravel looks the juiciest because the upside is 22% and the amount to fund the takeover is less than $100m, a lot less than Minzhong.

I have been posting on Asiatravel too. : www.nextinsight.net/index.php/investor-f...nt-40m?start=6#22661

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8 years 5 months ago #22677 by hh488
So which takeovers do you all think is likely to go thru'?

MinZhong's new already more than 1 year old yet still no development. Will AsiaTravel follows the same path. Apart from Saizen, the others linked to Chinese companies so a very big question marK.

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8 years 5 months ago #22681 by hh488
appended to the early thread, & don't forget also AddValue - the sales of its 100% owned subsidiary to a Chinese buyer - now come to almost 2 yrs - still subject to govt approvals?

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8 years 5 months ago #22682 by Mel
Yongsheng too.

The board of Directors (“Board”) of China Yongsheng Limited (the “Company”) refers to the announcements released by the Company on 23 October 2014 and 30 November 2014 in relation to the Board’s receipt of a formal proposal (the “Proposal”) from an entity related to certain executive directors of the Company that may result in the delisting of the Company. The Board wishes to inform shareholders of the Company that discussions are still ongoing and there is no certainty whether a transaction will take place pursuant to the Proposal.

-- Company announcement on 24 Dec 2014.

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8 years 3 months ago #22771 by Joes
Hmmm....Minzhong might just cross the finishing line.

"The Board has also been informed by CMZ BVI on 30 December 2015 that,pursuant to the terms of the MOU,CMZ BVI has paid the earnest sum of S$40,000,000 to PT Indofood."


infopub.sgx.com/FileOpen/CMZ%20Update%20...cement&FileID=384131

(Sad that AsiaTravel.com had a change of plan)
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