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

Mitsui OSK Tender Offer for Daibiru (8806) Subsidiary

Quiddity Advisors

Event-Driven

<ul>
<li>Mitsui O.S.K. Lines (9104 JP) is cleaning up some of its subsidiary listings.</li>
<li>On 30 November, Mitsui OSK announced the takeout of subsidiary <a href="https://www.smartkarma.com/entities/utoc-corp" target="_blank" data-smartkarma-citation="entities:1688:1" rel="noopener">Utoc Corp (9358 JP)</a> at ¥725/share. </li>
<li>For a situation with TWO Fairness Opinions and Three FAs, this is an offensively low price. But offense taken may be an appraisal rights situation; there is no minimum.</li>
</ul>


Mitsui O.S.K. Lines (9104 JP) is cleaning up some of its subsidiary listings.
On 30 November, Mitsui OSK announced the takeout of subsidiary Utoc Corp (9358 JP) at ¥725/share. 
For a situation with TWO Fairness Opinions and Three FAs, this is an offensively low price. But offense taken may be an appraisal rights situation; there is no minimum.


Mitsui OSK Tender Offer for Utoc (9358) Subsidiary