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

Pan Pacific (7532) To Up Stake in Kanemi (2669) Through Partial Tender

Quiddity Advisors

Event-Driven

<ul>
<li>Large and interesting-format retailer <a href="https://www.smartkarma.com/entities/pan-pacific-international-holdings-corporation" target="_blank" data-smartkarma-citation="entities:13475:1" rel="noopener">Pan Pacific International Holdings (7532 JP)</a> (the holdco for Don Quijote) is buying out its 89%-owned real estate asset management subsidiary.</li>
<li>This was totally expectable/expected at some point because it would not meet the new listing rules. </li>
<li>At a 50% premium, people will not complain, and indeed, it doesn't matter even if they do. PPIH can squeeze out everyone even if no shares tender. </li>
</ul>


Large and interesting-format retailer Pan Pacific International Holdings (7532 JP) (the holdco for Don Quijote) is buying out its 89%-owned real estate asset management subsidiary.
This was totally expectable/expected at some point because it would not meet the new listing rules. 
At a 50% premium, people will not complain, and indeed, it doesn't matter even if they do. PPIH can squeeze out everyone even if no shares tender. 


Pan Pacific International Holdings (7532 JP)

Pan Pacific (7532 JP) To Take Out Sub Japan Asset Marketing (8922) In Tender Offer