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

Quiddity Advisors

Event-Driven

<a href="http://www.bountyfreshchicken.com/about-us" target="_blank">Bounty Fresh</a>'s Offer for <a href="https://www.smartkarma.com/entities/24370" target="_blank" data-smartkarma-citation="entities:24370:1">Tegel Group Holdings Ltd (TGH NZ)</a> at NZ$1.23/share will close this Saturday, August 25th (the extended Closing Date). This is the last day in which to tender - it will not be extended, having reached the end of the permissible Offer period under New Zealand's Takeovers Code.
The minimum acceptance condition of 50% has been satisfied. The offer remains subject to approval under the <a href="http://www.legislation.govt.nz/act/public/2005/0082/27.0/DLM356881.html" target="_blank">Overseas Investment Act</a>, which is administered by the Overseas Investment Office (OIO). Under the Takeovers Code, Bounty can declare the offer unconditional 30 days after the extended Closing Date, or 24 September. If approved, payment under the Offer will be made within 7 days.
Shares closed at $1.13, a 7.0% spread to the cash offer of $1.23 vs. 26.5% downside to the unaffected price.
This is a small cap company (US$269mn) and low liquidity (US$0.5mn). If this does not float your boat, look away now.

Bounty Fresh's Offer for Tegel Group Holdings Ltd (TGH NZ) at NZ$1.23/share will close this Saturday, August 25th (the extended Closing Date). This is the last day in which to tender - it will not be extended, having reached the end of the permissible Offer period under New Zealand's Takeovers Code.
The minimum acceptance condition of 50% has been satisfied. The offer remains subject to approval under the Overseas Investment Act, which is administered by the Overseas Investment Office (OIO). Under the Takeovers Code, Bounty can declare the offer unconditional 30 days after the extended Closing Date, or 24 September. If approved, payment under the Offer will be made within 7 days.
Shares closed at $1.13, a 7.0% spread to the cash offer of $1.23 vs. 26.5% downside to the unaffected price.
This is a small cap company (US$269mn) and low liquidity (US$0.5mn). If this does not float your boat, look away now.

Tegel Group Holdings

Tegel: A Game of Chicken