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

Nidec Goes Hostile On Makino Milling at ¥11,000/Share

Makino Milling (6135) - Trading Through Terms, May Need Investor Pushing

SG Holdings to Launch TOB on C&F Logistics (9099) At A Whopping ¥5,740/Share - HUGE Governance Win

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nidec-corp" target="_blank" data-smartkarma-citation="entities:7245:1" rel="noopener">Nidec Corp (6594 JP)</a> released a multi-page document regarding its bid for <a href="https://www.smartkarma.com/entities/makino-milling-machine-co" target="_blank" data-smartkarma-citation="entities:5200:1" rel="noopener">Makino Milling Machine Co (6135 JP)</a> yesterday. </li>
<li>It talked a bit about the back-and-forth with Makino, and gave Nidec's side of the story. Makino has been making their side public too. A meeting is due early March.</li>
<li>In the document, there was a line suggesting Nidec won't raise price even against a counteroffer. They didn't need to say that. The question is what Makino will do.</li>
</ul>



Nidec Corp (6594 JP) released a multi-page document regarding its bid for Makino Milling Machine Co (6135 JP) yesterday. 
It talked a bit about the back-and-forth with Makino, and gave Nidec's side of the story. Makino has been making their side public too. A meeting is due early March.
In the document, there was a line suggesting Nidec won't raise price even against a counteroffer. They didn't need to say that. The question is what Makino will do.


Nidec Says It Won't Raise Price on Makino (6135)