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

Champion Microelectronic Corp / Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/pan-jit-international-inc" target="_blank" data-smartkarma-citation="entities:12501:1" rel="noopener">Pan Jit International (2481 TT)</a> appears to have launched an unsolicited/hostile partial Tender for 5.0-30.0% of the shares out of power management IC maker <a href="https://www.smartkarma.com/entities/champion-microelectronic-corp" target="_blank" data-smartkarma-citation="entities:3422:1" rel="noopener">Champion Microelectronic Corp (3257 TT)</a>. </li>
<li>The price is near but not at a medium-term (and all-time) high, and is made "for investment purposes but hoping for more."</li>
<li>Insiders officially hold ~13.7% of the target. It would seem done, which means a defence effort and/or white knight is not out of the question. We will watch it develop.</li>
</ul>



Pan Jit International (2481 TT) appears to have launched an unsolicited/hostile partial Tender for 5.0-30.0% of the shares out of power management IC maker Champion Microelectronic Corp (3257 TT). 
The price is near but not at a medium-term (and all-time) high, and is made "for investment purposes but hoping for more."
Insiders officially hold ~13.7% of the target. It would seem done, which means a defence effort and/or white knight is not out of the question. We will watch it develop.


Pan Jit Hostile/Unsolicited Partial Offer for Champion Micro (3257 TT)