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

Kokusai Elec (6525) ¥300bn+ Offering at ATH - Almost a Second IPO

US Banks - Weekly US Bankruptcies Rising, US Consumer Defaults More Risk to Large Banks

Kokusai Elec (6525) - The Much-Anticipated Lockup Expiry

TOPIX "Big April Basket" 2024 Expectations: More High-Conviction Names; Better Trade Ideas

Quiddity Advisors

Equity Capital Markets

Kokusai Electric  / Equity Capital Markets

<ul>
<li>Today, a Reuters article came out saying that KKR would sell down half its 43% stake in <a href="https://www.smartkarma.com/entities/kokusai-electric-corp" target="_blank" data-smartkarma-citation="entities:40152:1" rel="noopener">Kokusai Electric (6525 JP)</a> according to "two people familiar with the matter."</li>
<li>The article also said Kokusai Electric would buy back shares. Kokusai responded with a TDNET release saying "we did not release this info but we are considering various capital policies.</li>
<li>It pays to look at the Shareholder Structure as it stands. This is bigger than it looks. </li>
</ul>


Today, a Reuters article came out saying that KKR would sell down half its 43% stake in Kokusai Electric (6525 JP) according to "two people familiar with the matter."
The article also said Kokusai Electric would buy back shares. Kokusai responded with a TDNET release saying "we did not release this info but we are considering various capital policies.
It pays to look at the Shareholder Structure as it stands. This is bigger than it looks. 


KKR To Sell a 20-22% Stake in Kokusai Electric (6525)?