Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>There are 49 - mostly firm - transactions currently being discussed and analysed on Smartkarma. Inside is a timetable of upcoming key events for each deal.</li>
<li>Two new deals this week: <a href="https://www.smartkarma.com/entities/frasers-hospitality-trust" target="_blank" data-smartkarma-citation="entities:913:1" rel="noopener">Frasers Hospitality Trust (FHT SP)</a>'s Scheme, and  <a href="https://www.smartkarma.com/entities/pfizer-inc" target="_blank" data-smartkarma-citation="entities:1131:1" rel="noopener">Pfizer Inc (PFE US)</a>'s Offer for <a href="https://www.smartkarma.com/entities/narhex-life-sciences-ltd" target="_blank" data-smartkarma-citation="entities:9728:1" rel="noopener">Resapp Health (RAP AU)</a>.</li>
<li>Key updates took place for: <a href="https://www.smartkarma.com/entities/link-administration-holdings-ltd" target="_blank" data-smartkarma-citation="entities:970:1" rel="noopener">Link Administration (LNK AU)</a>, <a href="https://www.smartkarma.com/entities/virtus-health-ltd" target="_blank" data-smartkarma-citation="entities:14776:1" rel="noopener">Virtus Health (VRT AU)</a>, <a href="https://www.smartkarma.com/entities/toyo-construction-co-ltd" target="_blank" data-smartkarma-citation="entities:1176:1" rel="noopener">Toyo Construction (1890 JP)</a>, <a href="https://www.smartkarma.com/entities/kito-corporation" target="_blank" data-smartkarma-citation="entities:19512:1" rel="noopener">Kito Corporation (6409 JP)</a>, and <a href="https://www.smartkarma.com/entities/hwa-hong-corp-ltd" target="_blank" data-smartkarma-citation="entities:6648:1" rel="noopener">Hwa Hong Corp (HWAH SP)</a>.</li>
</ul>


There are 49 - mostly firm - transactions currently being discussed and analysed on Smartkarma. Inside is a timetable of upcoming key events for each deal.
Two new deals this week: Frasers Hospitality Trust (FHT SP)'s Scheme, and  Pfizer Inc (PFE US)'s Offer for Resapp Health (RAP AU).
Key updates took place for: Link Administration (LNK AU), Virtus Health (VRT AU), Toyo Construction (1890 JP), Kito Corporation (6409 JP), and Hwa Hong Corp (HWAH SP).


Asia-Pac Weekly Risk Arb Wrap: ResApp Health, Kto Corp, Link Admin, Toyo, Fraser Hospitality

China Infrastructure & Logistics Group  / Event-Driven

<ul>
<li>On the 10 January, <a href="https://www.smartkarma.com/entities/china-infrastructure-logis" target="_blank" data-smartkarma-citation="entities:16710:1" rel="noopener">China Infrastructure &amp; Logistics Group (1719 HK)</a> ("CILG") has announced a possible MGO from Hubei Ports. The Composite Doc is now out. The Offer is open.</li>
<li>This transaction is an unconditional mandatory cash offer at HK$1.15/share.</li>
<li>The first - and likely, last close - is the 25 March.  The Offeror intends to maintain CILG's listing.</li>
</ul>


On the 10 January, China Infrastructure &amp; Logistics Group (1719 HK) ("CILG") has announced a possible MGO from Hubei Ports. The Composite Doc is now out. The Offer is open.
This transaction is an unconditional mandatory cash offer at HK$1.15/share.
The first - and likely, last close - is the 25 March.  The Offeror intends to maintain CILG's listing.


China Infrastructure & Logistics Group (1719 HK): Unconditional MGO Now Open

<ul>
<li>After shares were <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1230/2021123000278.pdf" target="_blank" rel="noopener">halted</a> midday on the 30 December pursuant to the Takeovers Code, <a href="https://www.smartkarma.com/entities/china-infrastructure-logis" target="_blank" data-smartkarma-citation="entities:16710:1" rel="noopener">China Infrastructure &amp; Logistics Group (1719 HK)</a> ("CILG") has <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0110/2022011001152.pdf" target="_blank" rel="noopener">announced</a> a possible MGO from Hubei Ports.</li>
<li>Hubei Ports has entered into a SPA with co-chairman Yan Zhi to acquire his 74.81% stake in CILG. Upon completion, this will trigger an unconditional MGO. The price is HK$1.15/share.</li>
<li>A key condition to the SPA is approval from SASAC of Wuhan, which is turn controls 82.8571% of Hubei Ports. This transaction is done.</li>
</ul>


After shares were halted midday on the 30 December pursuant to the Takeovers Code, China Infrastructure &amp; Logistics Group (1719 HK) ("CILG") has announced a possible MGO from Hubei Ports.
Hubei Ports has entered into a SPA with co-chairman Yan Zhi to acquire his 74.81% stake in CILG. Upon completion, this will trigger an unconditional MGO. The price is HK$1.15/share.
A key condition to the SPA is approval from SASAC of Wuhan, which is turn controls 82.8571% of Hubei Ports. This transaction is done.


China Infrastructure & Logistics Group (1719 HK): Potential Unconditional MGO

Hong Kong

China Infrastructure & Logistics Group Ltd. provides port operation services. The Company offers port and warehouse leasing, container handling, cargo handling, and other services. China Infrastructure & Logistics Group also provides logistics, supply chain management, property management, and other services.

China Infrastructure & Logistics Group  (1719 HK)

China Infrastructure & Logistics Group (1719 HK)

Asia-Pac Weekly Risk Arb Wrap: ResApp Health, Kto Corp, Link Admin, Toyo, Fraser Hospitality

This insight provides a summary of gross/annualised spreads (on deals discussed on Smartkarma) across Asia-Pacific as at the last trading date, and...

David Blennerhassett