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

SPH Offer Open - Starts to Look Interesting

SPH REIT Offer Goes Unconditional - The Option Now and Index Impacts To Come

SPH REIT Option Has 1 Week To Go - Look Elsewhere

SPH Releases EGM/Scheme "Substantial & Relevant Questions" - Beware Chain Offer Comments

SPH Shareholders - SPH REIT Options Decay in Value

SPH Shareholders Agree to SPH EGM & DIS - Deal Done So Now It's Arb+Option

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/singapore-press-holdings-limited" target="_blank" data-smartkarma-citation="entities:9952:1" rel="noopener">Singapore Press Holdings (SPH SP)</a> 58% to 42% to take cash instead of cash + SPH REIT units. </li>
<li>That was to be expected, but it means Cuscaden owns 47+% of SPH REIT and needs to conduct a Conditional Chain Offer on SPH REIT at S$0.9372/unit. </li>
<li>That provides a put option under SPH REIT for holders/buyers as Singapore opens up.</li>
</ul>



Singapore Press Holdings (SPH SP) 58% to 42% to take cash instead of cash + SPH REIT units. 
That was to be expected, but it means Cuscaden owns 47+% of SPH REIT and needs to conduct a Conditional Chain Offer on SPH REIT at S$0.9372/unit. 
That provides a put option under SPH REIT for holders/buyers as Singapore opens up.


SPH Scheme Elections In - SPH REIT Chain Offer Announced