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

HKTV (1137 HK)'s Low-Balled Buyback Gets The Nod

Quiddity Advisors

Event-Driven

Hong Kong Television Network / Event-Driven

<ul>
<li>Back on the 22nd May, online shopping platform play <strong><a href="https://www.smartkarma.com/entities/hong-kong-television-network-limited" target="_blank" data-smartkarma-citation="entities:12953:1" rel="noopener">Hong Kong Television Network (1137 HK)</a></strong> announced a buy-back of 11.25% of shares out, at $2.15/share, a 20.8% premium to undisturbed.</li>
<li>Should the Offer complete, co-founder Ricky Wong's stake, together with concert parties, increases to 51.55% (before exercising options), up from 45.75% currently. Optically, it's a opportunistic share grab. </li>
<li>The Offer Doc is now out, with an EGM to vote on the whitewash waiver on the 9th July. </li>
</ul>


Back on the 22nd May, online shopping platform play Hong Kong Television Network (1137 HK) announced a buy-back of 11.25% of shares out, at $2.15/share, a 20.8% premium to undisturbed.
Should the Offer complete, co-founder Ricky Wong's stake, together with concert parties, increases to 51.55% (before exercising options), up from 45.75% currently. Optically, it's a opportunistic share grab. 
The Offer Doc is now out, with an EGM to vote on the whitewash waiver on the 9th July. 


HKTV (1137 HK): 9th July Vote On Share Buy-Back