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

MMA Offshore: A$2.60/Share Cash Offer From Seraya Partners

Quiddity Advisors

Event-Driven

<ul>
<li>Back on 25 March, marine and subsea services provider <strong><a href="https://www.smartkarma.com/entities/mma-offshore-ltd" target="_blank" data-smartkarma-citation="entities:594:1" rel="noopener">MMA Offshore (MRM AU)</a></strong> entered into a Scheme with Singapore's Cyan Renewables, a wholly-owned vehicle of Seraya Partners.</li>
<li>The A$2.60/share Offer in cash, a 11% premium to last close, was within the IE's fair value range of A$2.03 to A$2.83. However, shares have consistently traded through terms.</li>
<li>Cyna has now bumped the Offer to A$2.70/share - best &amp; final. Thorney (7.95% of shares out) is supportive. The Scheme Meeting will still be held on the 1 July.</li>
</ul>


Back on 25 March, marine and subsea services provider MMA Offshore (MRM AU) entered into a Scheme with Singapore's Cyan Renewables, a wholly-owned vehicle of Seraya Partners.
The A$2.60/share Offer in cash, a 11% premium to last close, was within the IE's fair value range of A$2.03 to A$2.83. However, shares have consistently traded through terms.
Cyna has now bumped the Offer to A$2.70/share - best &amp; final. Thorney (7.95% of shares out) is supportive. The Scheme Meeting will still be held on the 1 July.


Mma Offshore

MMA Offshore (MRM AU): Cyan Lifts Offer