Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

StubWorld: TBS/Tokyo Electron, Intouch/Gulf, Jardines' Buybacks

StubWorld: Buybacks Resume Into Inexpensive Wilmar

StubWorld: Wilmar Gains Ahead Of Adani Wilmar IPO

StubWorld: Tencent Under Pressure From Antitrust Push

Naspers & Prosus - A $5bn Catalyst Arrives

Quiddity Advisors

Event-Driven

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<p><em>This week in StubWorld ...</em></p>
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<p><a href="https://www.smartkarma.com/entities/wilmar-international-ltd" target="_blank" data-smartkarma-citation="entities:172:1" rel="noopener">Wilmar International (WIL SP)</a> continues to outperform <a href="https://www.smartkarma.com/entities/ppb-group-berhad" target="_blank" data-smartkarma-citation="entities:793:1" rel="noopener">Ppb Group (PEP MK)</a> after the <a href="https://www.smartkarma.com/entities/yihai-kerry-arawana-holdin-a" target="_blank" data-smartkarma-citation="entities:29184:1" rel="noopener">Yihai Kerry Arawana Holdings Co Ltd (300999 CH)</a> spin-off; <a href="https://www.smartkarma.com/entities/lg-corp" target="_blank" data-smartkarma-citation="entities:6653:1" rel="noopener">LG Corp (003550 KS)</a> is cheap, and there are catalysts in the pipeline apart from the recently announced demerger; and <a href="https://www.smartkarma.com/entities/china-motor-corp" target="_blank" data-smartkarma-citation="entities:6315:1" rel="noopener">China Motor (2204 TT)</a> is trading cheap to <a href="https://www.smartkarma.com/entities/yulon-motor-company" target="_blank" data-smartkarma-citation="entities:18249:1" rel="noopener">Yulon Motor Company (2201 TT)</a>, which in turn is trading rich to <a href="https://www.smartkarma.com/entities/taiwan-acceptance-corp" target="_blank" data-smartkarma-citation="entities:13398:1" rel="noopener">Yulon Finance Corp (9941 TT)</a>. </p>
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<p>Preceding my comments on these holdcos are the weekly setup/unwind tables for Asia-Pacific Holdcos.</p>
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<p>These relationships trade with a minimum liquidity threshold of US$1mn on a 90-day moving average, and a % market capitalisation threshold - the $ value of the holding/opco held, over the parent’s market capitalisation, expressed in percent - of at least 20%.</p>
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This week in StubWorld ...


Wilmar International (WIL SP) continues to outperform Ppb Group (PEP MK) after the Yihai Kerry Arawana Holdings Co Ltd (300999 CH) spin-off; LG Corp (003550 KS) is cheap, and there are catalysts in the pipeline apart from the recently announced demerger; and China Motor (2204 TT) is trading cheap to Yulon Motor Company (2201 TT), which in turn is trading rich to Yulon Finance Corp (9941 TT). 



Preceding my comments on these holdcos are the weekly setup/unwind tables for Asia-Pacific Holdcos.


These relationships trade with a minimum liquidity threshold of US$1mn on a 90-day moving average, and a % market capitalisation threshold - the $ value of the holding/opco held, over the parent’s market capitalisation, expressed in percent - of at least 20%.


StubWorld: PPB/Wilmar, LG Corp, China Motor/Yulon Motor