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

Yao Hsiao Tung and his wife Wong Huey Fang, 83.5% shareholders in integrated contract manufacturer <a href="https://www.smartkarma.com/entities/hi-p-international-ltd" target="_blank" data-smartkarma-citation="entities:9589:1" rel="noopener">Hi P International (HIP SP)</a>, have tabled an <a href="https://links.sgx.com/FileOpen/Offer%20Announcement.ashx?App=Announcement&amp;FileID=642712" target="_blank" rel="noopener">Unconditional Offer</a> to acquire all remaining shares at $2.00/share, a 13.6% premium to last close, and a 42.3% premium to the 3-month VWAP.
The Offer price is Final.
The Offeror is YHT Venture Pte. Ltd., in which Yao/Wong hold 100%.
Should the Offeror acquire more than 90% of shares out, it will be entitled to compulsory acquisition. Yao/Wong have given an irrevocable to accept the Offer. Therefore this deal needs an additional 6.5% of shares out to be taken private.
The Offer doc is expected to be despatched within 14-21 days, at which time the Offer will be open for acceptances. Settlement will occur within 7 business days from valid acceptance. 
This is a very straightforward transaction. More below the fold.

Yao Hsiao Tung and his wife Wong Huey Fang, 83.5% shareholders in integrated contract manufacturer Hi P International (HIP SP), have tabled an Unconditional Offer to acquire all remaining shares at $2.00/share, a 13.6% premium to last close, and a 42.3% premium to the 3-month VWAP.
The Offer price is Final.
The Offeror is YHT Venture Pte. Ltd., in which Yao/Wong hold 100%.
Should the Offeror acquire more than 90% of shares out, it will be entitled to compulsory acquisition. Yao/Wong have given an irrevocable to accept the Offer. Therefore this deal needs an additional 6.5% of shares out to be taken private.
The Offer doc is expected to be despatched within 14-21 days, at which time the Offer will be open for acceptances. Settlement will occur within 7 business days from valid acceptance. 
This is a very straightforward transaction. More below the fold.

Hi P International

Hi-P International: Unconditional Offer