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

Hollysys Gives Ascendent Capital The Nod. "Agnostic" Shareholders Will Approve

Hollysys (HOLI US): Dazheng Consortium "Trumps" Ascendent's Bid

Hollysys: Court Injunction Hearing Is Key

Hollysys (HOLI US): Potential Suitors Didn't Get The Memo

Quiddity Advisors

Event-Driven

Hollysys Automation Technologies / Event-Driven

Hollysys Automation Technologies (HOLI US)

<ul>
<li>A fortnight after co-COOs pitched a US$25/share indicative Offer for <strong><a href="https://www.smartkarma.com/entities/hollysys-automation-technologies" target="_blank" data-smartkarma-citation="entities:26078:1" rel="noopener">Hollysys (HOLI US)</a></strong>, Ascendent Capital, holding 13.7%, tabled a US$26/share Offer. The Recco/Dazheng consortium offered US$26.50 a week later.</li>
<li>There is currently a dispute over the ownership and control of Ace Lead's shares in Hollysys, which was subject to an injunction hearing in the Hong Kong High Court.</li>
<li>That hearing took place today. So I went along to hear first-hand the key arguments from both sides. </li>
</ul>


A fortnight after co-COOs pitched a US$25/share indicative Offer for Hollysys (HOLI US), Ascendent Capital, holding 13.7%, tabled a US$26/share Offer. The Recco/Dazheng consortium offered US$26.50 a week later.
There is currently a dispute over the ownership and control of Ace Lead's shares in Hollysys, which was subject to an injunction hearing in the Hong Kong High Court.
That hearing took place today. So I went along to hear first-hand the key arguments from both sides. 


Zhejiang Longsheng Group Co., (600352 CH)

Hollysys Automation Technologies

Hollysys (HOLI US): In Court Today ...