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

Quiddity Advisors

Event-Driven

<ul>
<li>Plastic products manufacturer <strong><a href="https://www.smartkarma.com/entities/pact-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:692:1" rel="noopener">Pact Group Holdings (PGH AU)</a></strong> has <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02711138-3A626039?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener">announced</a> an unconditional off-market takeover from its major shareholder, Raphael Geminder.</li>
<li>Geminder, with a current stake of 50%, is offering - via wholly-owned entity Kin Group - A$0.68/share, a paltry 0.07% premium to last close. Shares recently touched an all-time low.</li>
<li>The Offer is (should be) open for a month. As the bid is unconditional, there's nothing to stop Geminder from buying shares higher, then simply lifting his Offer price. </li>
</ul>


Plastic products manufacturer Pact Group Holdings (PGH AU) has announced an unconditional off-market takeover from its major shareholder, Raphael Geminder.
Geminder, with a current stake of 50%, is offering - via wholly-owned entity Kin Group - A$0.68/share, a paltry 0.07% premium to last close. Shares recently touched an all-time low.
The Offer is (should be) open for a month. As the bid is unconditional, there's nothing to stop Geminder from buying shares higher, then simply lifting his Offer price. 


Pact Group Holdings

Geminder's Opening Salvo For Pact?