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

Chip Eng Seng: Low-Balled MBO At $0.72/Share

Quiddity Advisors

Event-Driven

<ul>
<li>In <em><a href="https://skr.ma/83DEG" target="_blank" rel="noopener">Chip Eng Seng: Low-Balled MBO At $0.72/Share</a></em>, I thought there was scope for a bump. But then the Tang family bought a 9.02% stake on market.</li>
<li>The Tangs have now bumped the Offer Price for <strong><a href="https://www.smartkarma.com/entities/chip-eng-seng-corp-ltd" target="_blank" data-smartkarma-citation="entities:6441:1" rel="noopener">Chip Eng Seng Corp (CHIP SP)</a></strong> to S$0.75/share, up from S$0.72/share, and declared the terms final.</li>
<li>The Offer remains conditional on a 50% acceptance hurdle. With 47.27% in the bag, this is done.</li>
</ul>


In Chip Eng Seng: Low-Balled MBO At $0.72/Share, I thought there was scope for a bump. But then the Tang family bought a 9.02% stake on market.
The Tangs have now bumped the Offer Price for Chip Eng Seng Corp (CHIP SP) to S$0.75/share, up from S$0.72/share, and declared the terms final.
The Offer remains conditional on a 50% acceptance hurdle. With 47.27% in the bag, this is done.


Offer Price for Chip Eng Seng Bumped And Declared Final