You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
新世界獨立財務顧問:售新創建交易公平作價合理 籲股東通過議案
鄭裕彤家族私人持有的周大福企業向新創建(00659.HK)提出要約,以每股9.15元全購新創建。新世界(00017.HK)就此向股東刊發要約函件,其獨立財務顧問新百利融資認爲,出售新創建股份對新世界獨立股東屬公平合理,並符合新世界及股東的整體利益,建議獨立股東通過議案。 新創建股份要約價每股9.15元,較聯合公告前最後12個月內各期間溢價22.2%至34.4%。恆生指數自最後完整交易日起至最後實際可行日期爲止下跌約8%,因此,新創建股份要約能在普遍弱市的情況下提供以固定現金價格出售的機會。 新百利融資相信,獨立股東最關注的是新世界應否套現所持的新創建股份,用作減債,並支持新世界形容的「收成期」;抑或保留新創建的股份繼續收息,協助經常性現金流。新百利融資指,待出售事項完成後及派付有條件特別股息前,預期新世界的債務淨額將會減少,截至今年6月底備考淨負債比率將由約49%降至約45%。出售事項完成及派付約40億元的有條件特別股息後,現金及現金等價物將增加178億元。 新世界在要約函件中亦提到,出售事項新創建將使集團的財務狀況在關鍵時刻更能反映物業業務。公司持有的大批農地將是政府《北部都會區發展策略》的重要受惠者。現時公司有約1,500萬平方尺的農地儲備是位於「北部都會區」範圍,均爲公司多年前以極低廉土地成本收購且現時商業價值不菲。公司可透過不同途徑鞏固農地儲備資源的價值。 此外,出售事項可改善公司的增長前景,使其未來的盈利和現金流狀況與其高增長項目更加一致。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account