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

Kerry Logistics (636 HK): Doc Out Early - Offer Now Open

Kerry Logistics (636 HK): Pre-Cons Done. Partial Offer To Commence Next Week

Kerry Logistics (636 HK): Technicalities As Partial Draws To An End

Quiddity Advisors

Event-Driven

The Partial Offer for <a href="https://www.smartkarma.com/entities/kerry-logistics-network-ltd" target="_blank" data-smartkarma-citation="entities:367:1" rel="noopener">Kerry Logistics Network (636 HK)</a>, <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0210/2021021000043.pdf" target="_blank" rel="noopener">announced</a> on the 9 February, closes on the <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0902/2021090202054.pdf" target="_blank" rel="noopener">16 September</a>.
The record date for the interim dividend (HK$0.211/share) was the 13 September. The record date for the special dividend (HK$7.28/share) is the 15 September.
Shares are now trading ex- both dividends.
You can still tender into the Offer - but not buy and tender.
If you tender, you still receive the special dividend.
But if you intend to tender into the Offer, with a minimum pro-ration of 76.02%, you should simply sell in the market here at HK$18.60 and get 100% filled.
More below the fold.

The Partial Offer for Kerry Logistics Network (636 HK), announced on the 9 February, closes on the 16 September.
The record date for the interim dividend (HK$0.211/share) was the 13 September. The record date for the special dividend (HK$7.28/share) is the 15 September.
Shares are now trading ex- both dividends.
You can still tender into the Offer - but not buy and tender.
If you tender, you still receive the special dividend.
But if you intend to tender into the Offer, with a minimum pro-ration of 76.02%, you should simply sell in the market here at HK$18.60 and get 100% filled.
More below the fold.

Kerry Logistics (636 HK): Sell Here As Opposed To Tendering