Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Japan Aviation Electronics Partial Tender Update:  Launch Expected Next Month

Japan Aviation Electronics: NEC Announces A Small Partial Tender Offer

Event-Driven

Japan Aviation Electronics / Event-Driven

<a href="https://www.smartkarma.com/entities/9095" target="_blank" data-smartkarma-citation="entities:9095:1">Japan Aviation Electronics (6807 JP)</a> reports earnings October 26th.Parent <a href="https://www.smartkarma.com/entities/17084" target="_blank" data-smartkarma-citation="entities:17084:1">NEC Corp (6701 JP)</a> announced at the end of May that it would launch a tender offer to buy 10 million shares in order to take its stake from 39.8% to just over 50%. The original expectation was that the tender would start in November.It is a small partial offer, somewhat misunderstood. And for the next week arbitrageurs are faced with much greater binary risk than they faced a few months ago. More below the fold for subscribers.

Japan Aviation Electronics (6807 JP) reports earnings October 26th.Parent NEC Corp (6701 JP) announced at the end of May that it would launch a tender offer to buy 10 million shares in order to take its stake from 39.8% to just over 50%. The original expectation was that the tender would start in November.It is a small partial offer, somewhat misunderstood. And for the next week arbitrageurs are faced with much greater binary risk than they faced a few months ago. More below the fold for subscribers.

Japan Aviation Electronics

JAE (6807 JP) - One Week Risk