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

Quiddity Advisors

Event-Driven

<p><a href="https://www.smartkarma.com/entities/niit-technologies-ltd" target="_blank" data-smartkarma-citation="entities:8639:1" rel="noopener">Niit Technologies (NITEC IN)</a> announced a 3.13% Buyback Offer at a premium (INR 1725/share) had been approved in December 2019. Shares popped and traded in larger volume. This was a good signal from the management and promoter.</p><p>Foreigners ended up increasing their stake in the first quarter as retail and some local mutual funds sold the pop. </p><p>COVID-19 measures and lockdowns meant a delay in SEBI approval, which was further extended. Finally in mid-May, SEBI arranged for some temporary relaxation of regulations, which meant NIIT Technologies could proceed more quickly. It launched the buyback three weeks ago with an Offer Period starting 29 May and closing on 11 June. Paperwork is due 13 June. But this works if you owned the shares as of Record Date 12 March 2020. </p><div class="content-highlight"><p>If you owned the shares at the time, this is worth a look. </p></div>

Niit Technologies (NITEC IN) announced a 3.13% Buyback Offer at a premium (INR 1725/share) had been approved in December 2019. Shares popped and traded in larger volume. This was a good signal from the management and promoter.Foreigners ended up increasing their stake in the first quarter as retail and some local mutual funds sold the pop. COVID-19 measures and lockdowns meant a delay in SEBI approval, which was further extended. Finally in mid-May, SEBI arranged for some temporary relaxation of regulations, which meant NIIT Technologies could proceed more quickly. It launched the buyback three weeks ago with an Offer Period starting 29 May and closing on 11 June. Paperwork is due 13 June. But this works if you owned the shares as of Record Date 12 March 2020. If you owned the shares at the time, this is worth a look. 

NIIT Technologies Tender Buyback - Offer If You Can

Coforge

NIIT Technologies Tender Buyback - Offer If You Can