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

MACA's Target Statement Responds To Thiess' Offer

MACA: Thiess' Unsurprising Bump. NRW's Move, If Any

MACA: Thiess Declares Offer Unconditional

MACA’s Recommended $1.025 Per Share Takeover Offer from Thiess

Quiddity Advisors

Event-Driven

<ul>
<li>
<strong><a href="https://www.smartkarma.com/entities/maca-ltd" target="_blank" data-smartkarma-citation="entities:11390:1" rel="noopener">MACA Ltd (MLD AU)</a></strong> has indicated that <strong><a href="https://www.smartkarma.com/entities/nrw-holdings-ltd" target="_blank" data-smartkarma-citation="entities:9271:1" rel="noopener">NRW Holdings (NWH AU)</a></strong>'s A$1.085/share Offer is inferior to Thiess' conditional A$1.025/share takeover offer.</li>
<li>The reasons for the rejection are expected to be fleshed out at MACA's full years results briefing.</li>
<li>NRW's Offer is higher, has a lower shareholder approval, and provides MACA shareholders the option of cash, scrip or a combination of both. But is subject to scaling.</li>
</ul>



MACA Ltd (MLD AU) has indicated that NRW Holdings (NWH AU)'s A$1.085/share Offer is inferior to Thiess' conditional A$1.025/share takeover offer.
The reasons for the rejection are expected to be fleshed out at MACA's full years results briefing.
NRW's Offer is higher, has a lower shareholder approval, and provides MACA shareholders the option of cash, scrip or a combination of both. But is subject to scaling.


MACA Ltd

MACA (MLD AU): NRW's Offer Rejected