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

CMCDI (133 HK): AGM Outcome May Provide Another Leg-Up

CMCDI (133 HK): Kan Re-Elected. But Only Just

Quiddity Advisors

Event-Driven

China Merchants China Direct Investments / Event-Driven

China Merchants China Direct Investments (133 HK)

<ul>
<li>The recent news on <strong><a href="https://www.smartkarma.com/entities/china-merchants-china-direct-investments" target="_blank" data-smartkarma-citation="entities:6862:1" rel="noopener">China Merchants China Direct Investments (133 HK)</a></strong> was director Elizabeth Kan narrowly getting re-elected. Of interest, ISS recommended shareholders vote AGAINST. Glass Lewis was FOR re-election.</li>
<li>The key takeaway here is that the majority of the minorities want change. The next development may occur in the lead up to the management agreement renewal in November. </li>
<li>In addition, Argyle Street Management, CMSCI's key shareholder activist, is also requesting the company buy back 20% of shares outstanding at 90% of NAV. </li>
</ul>


The recent news on China Merchants China Direct Investments (133 HK) was director Elizabeth Kan narrowly getting re-elected. Of interest, ISS recommended shareholders vote AGAINST. Glass Lewis was FOR re-election.
The key takeaway here is that the majority of the minorities want change. The next development may occur in the lead up to the management agreement renewal in November. 
In addition, Argyle Street Management, CMSCI's key shareholder activist, is also requesting the company buy back 20% of shares outstanding at 90% of NAV. 


CMCDI (133 HK): Buybacks And Management Fees Into Focus