Unlocking Value: Dirt-Cheap Japanese Net-Net Chuoh Pack Gets 273% Premium Buyout Offer Process Ultimately Started Due to TSE Reforms Around Unwinding Cross Shareholdings. Short new free writeup on the 'Stack. We're going to see more buyouts this year. https://t.co/WjtegSCNKG
The opportunity in Japanese small-cap securities remains insane. This Chuo Pack Industries $3952.T high-premium (274%) deal is a good example. https://t.co/6g7HuUCCeS Focus on the process outlined in the doc, not the size of the premium. Lots of lessons for future opps 👇👇
As of Q3, 40% of NISA (tax-free investment account) allocation focused on high dividend 🇯🇵stocks The next generation are interested in investing! : <50yo accounted for 43% of total investments Record pace of delisting + tender offers ✅ https://t.co/SVxpstcUX6
Chuo Pack Industries has received a tender offer from Nikkon Holdings at a price of ¥5,034 per share, representing a 273% premium over its last traded price of ¥1,349. This offer is notable as it exceeds the stock's trading range of ¥900 to ¥1,500 since 2011. The tender offer comes amid ongoing reforms by the Tokyo Stock Exchange aimed at unwinding cross-shareholdings, which may lead to an increase in similar buyout offers in the future. Additionally, as of the third quarter, 40% of allocations in Japan's NISA tax-free investment accounts were focused on high-dividend stocks, indicating a growing interest in investing among younger generations.