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

Mapletree Revise Scheme - Give MNACT Holders Cash for NAV and a Free Option

Quarz Capital Again Objects to the MNACT/MCT Deal - This Time to MAS

Mapletree Commercial Vs the World (Or at Least S-REIT World). Still Heads I Win Tails I Win

Quiddity Advisors

Equity Capital Markets

Lendlease Global Commercial REIT / Equity Capital Markets

Lendlease Global Commercial REIT (LREIT SP)

<ul>
<li>In mid-February, <a href="https://www.smartkarma.com/entities/lendlease-global-commercial-reit" target="_blank" data-smartkarma-citation="entities:28292:1" rel="noopener">Lendlease Global Commercial REIT (LREIT SP)</a> which owned 31.8% of the Jurong East MRT Station "Jem" complex announced it would buy the rest. </li>
<li>They announced they would issue new equity to pay for some of it. Predictably, the units fell, and fell vs Office/Retail Mixed-Use SREIT peers. </li>
<li>Now you can buy units of Singapore asset quality, acceptable leverage, high divi and something well cheap of peer-measured fair. </li>
</ul>


In mid-February, Lendlease Global Commercial REIT (LREIT SP) which owned 31.8% of the Jurong East MRT Station "Jem" complex announced it would buy the rest. 
They announced they would issue new equity to pay for some of it. Predictably, the units fell, and fell vs Office/Retail Mixed-Use SREIT peers. 
Now you can buy units of Singapore asset quality, acceptable leverage, high divi and something well cheap of peer-measured fair. 


Mapletree Pan Asia Commercial Trust (MCT SP)

Mapletree North Asia Commercial Trust (MAGIC SP)

Lendlease Global Offering to Buy the Rest of JEM - Big Deal, Cheap, Cheaper Than Peers