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

Atlas Arteria (ALX AU): IFM Creeps To A ~35% Stake

Atlas Arteria (ALX AU): IFM Investors Comes Knocking

Quiddity Advisors

Equity Bottom-Up

<ul>
<li>Back in June 2022, US/Europe toll-road play <strong><a href="https://www.smartkarma.com/entities/atlas-arteria-ltd" target="_blank" data-smartkarma-citation="entities:14430:1" rel="noopener">Atlas Arteria (ALX AU)</a></strong> (ATLIX) <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02530630-2A1378680?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener">rejected</a> IFM Global Infrastructure's request for limited company information, before deciding whether to submit a non-binding indicative proposal. </li>
<li>Undeterred, IFM, which held 15% of shares out at the time, bumped its stake to<a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02549751-2A1388878?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener"> 19%</a> two months later; and has continued to capitalise on Australia's creep provisions ever since. </li>
<li>This morning, IFM is understood to have lifted its stake to ~26.5%, in an apparent attempt to gain additional board representation. Another tilt cannot be ruled out. </li>
</ul>


Back in June 2022, US/Europe toll-road play Atlas Arteria (ALX AU) (ATLIX) rejected IFM Global Infrastructure's request for limited company information, before deciding whether to submit a non-binding indicative proposal. 
Undeterred, IFM, which held 15% of shares out at the time, bumped its stake to 19% two months later; and has continued to capitalise on Australia's creep provisions ever since. 
This morning, IFM is understood to have lifted its stake to ~26.5%, in an apparent attempt to gain additional board representation. Another tilt cannot be ruled out. 


Atlas Arteria (ALX AU): IFM Ups Stake As Shares Waver