Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Boqi Env (2377 HK): MBO; Or Sinopec Offer?

Quiddity Advisors

Event-Driven

China Boqi Environmental Hol / Event-Driven

<ul>
<li>Back on the 23rd October,  flue gas treatment play <strong><a href="https://www.smartkarma.com/entities/china-boqi-environmental-hol" target="_blank" data-smartkarma-citation="entities:26771:1" rel="noopener">China Boqi Environmental Hol (2377 HK)</a></strong> announced a buyback of 15% of shares out, at HK$1.20/share, a 16.5% premium to undisturbed.</li>
<li>The upshot of the buyback lifts the stake of co-founder Zeng Zhijun and concert parties  to 32.59% - up from 27.71% - before options. A whitewash waiver is required.</li>
<li>A expected, the Offer Doc has now been <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2024/1113/2024111300968.pdf" target="_blank" rel="noopener">delayed</a>. It is now expected to be dispatched on or before the 29th November. </li>
</ul>


Back on the 23rd October,  flue gas treatment play China Boqi Environmental Hol (2377 HK) announced a buyback of 15% of shares out, at HK$1.20/share, a 16.5% premium to undisturbed.
The upshot of the buyback lifts the stake of co-founder Zeng Zhijun and concert parties  to 32.59% - up from 27.71% - before options. A whitewash waiver is required.
A expected, the Offer Doc has now been delayed. It is now expected to be dispatched on or before the 29th November. 


China Boqi Environmental Hol

Boqi Env (2377 HK)'s Partial Offer