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

Shinko Electric (6967 JP) Takeover - Time To Buy Dips, and Ibiden (4062 JP)

Shinko Electric (6967 JP) Takeover - Still Buy Dips, and Ibiden (4062 JP)

Shinko Electric (6967 JP) Takeover - THIS Is a Dip to Buy

Update: Shinko Electric (6967) Shorter-Dated and Break Risk Small but GAP RISK Now Much Higher

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Stella International: A Beneficiary of Reshoring

Quiddity Advisors

Event-Driven

Shinko Electric Industries / Event-Driven

<ul>
<li>Today after the close, <a href="https://www.smartkarma.com/entities/shinko-electric-industries" target="_blank" data-smartkarma-citation="entities:15066:1" rel="noopener">Shinko Electric Industries (6967 JP)</a> offered a progress report on the approvals for the JIC Consortium Tender Offer originally "scheduled" to start in late August 2024.</li>
<li>"Procedures and Steps Necessary under the competition laws of Vietnam and China have not been completed" so the Tender Offeror expects to commence the Tender Offer in/after late January 2025.</li>
<li>The <a href="https://www.shinko.co.jp/english/news/docs/20240826_02.pdf" target="_blank" rel="noopener">announcement</a> appears to suggest no update is likely for another five months or until the Tender Offer starts. That will introduce questions of further delay.</li>
</ul>


Today after the close, Shinko Electric Industries (6967 JP) offered a progress report on the approvals for the JIC Consortium Tender Offer originally "scheduled" to start in late August 2024.
"Procedures and Steps Necessary under the competition laws of Vietnam and China have not been completed" so the Tender Offeror expects to commence the Tender Offer in/after late January 2025.
The announcement appears to suggest no update is likely for another five months or until the Tender Offer starts. That will introduce questions of further delay.


Shinko Electric (6967) Deal Approval Delayed; From Here, Big Gap-, Small Break-, Some Delay-Risk