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

The Kobe District Court Decides To Halt the Kansai Super Merger - Kansai Super Will Appeal

Kansai Super (9919): Osaka High Court Overturns District Court Injunction

Kansai Super (9919) Merger OKed. OK Tender Going Nowhere. OK Going Home.

Kansai Super (9919) Still Not Super as Shareholders Agree H2O Deal

Shocking Shenanigans at the Kansai Super EGM and OK Says Chotto Mattaaaa!!!

H2O Retailing and OK Super: Which Is the Better Owner of Kansai Supermarket?

Quiddity Advisors

Event-Driven

<ul>
<li>OK Store had wanted to buy <a href="https://www.smartkarma.com/entities/kansai-super-market-ltd" target="_blank" data-smartkarma-citation="entities:15519:1" rel="noopener">Kansai Super Market (9919 JP)</a> and offered to conduct a TOB at a high premium</li>
<li>
<a href="https://www.smartkarma.com/entities/h2o-retailing-corp" target="_blank" data-smartkarma-citation="entities:17562:1" rel="noopener">H2 O Retailing (8242 JP)</a> arranged a merger between Kansai Super and a couple of its subs which was a backdoor takeover. The EGM was problematic. Really problematic.</li>
<li>OK has filed a preliminary injunction to halt the merger. Now it offers to launch a TOB if stopped. <em>And there is another (invisible) long-term problem if it isn't halted.</em>
</li>
</ul>


OK Store had wanted to buy Kansai Super Market (9919 JP) and offered to conduct a TOB at a high premium

H2 O Retailing (8242 JP) arranged a merger between Kansai Super and a couple of its subs which was a backdoor takeover. The EGM was problematic. Really problematic.
OK has filed a preliminary injunction to halt the merger. Now it offers to launch a TOB if stopped. And there is another (invisible) long-term problem if it isn't halted.



OK Store Reiterates Intention to Launch Kansai Super TOB But There Is Invisible Post-Merger Risk