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 26 years of covering Asia Pacific equities, the past 20 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: Batu Kawan & MKH Share Suspensions Point To MKHOP Exit

Quiddity Advisors

Event-Driven

<ul>
<li>In <a href="https://skr.ma/rLy5v" target="_blank" rel="noopener">StubWorld: Batu Kawan &amp; MKH Share Suspensions Point To MKHOP Exit</a>, I mused <a href="https://www.smartkarma.com/entities/mkh-bhd" target="_blank" data-smartkarma-citation="entities:6966:1" rel="noopener">MKH (MKH MK)</a>'s price movement suggested it was exiting <a href="https://www.smartkarma.com/entities/mkh-oil-palm-east-kalimantan-berhad" target="_blank" data-smartkarma-citation="entities:50123:1" rel="noopener">MKH Oil Palm (MKHOP MK)</a>.</li>
<li>Not quite. <a href="https://www.smartkarma.com/entities/batu-kawan-bhd" target="_blank" data-smartkarma-citation="entities:8276:1" rel="noopener">Batu Kawan Bhd (BAK MK)</a>, the controlling shareholder of palm oil giant <a href="https://www.smartkarma.com/entities/kuala-lumpur-kepong-bhd" target="_blank" data-smartkarma-citation="entities:17039:1" rel="noopener">Kuala Lumpur Kepong (KLK MK)</a>, is taking out the Chen family's controlling stake (47.7%) in  MKH. </li>
<li>Should (or when) the unconditional and conditional share sale agreements complete, BAK will launch a conditional MGO for MAK @RM2/share and MKHOP (likely) at RM0.6478.</li>
</ul>


In StubWorld: Batu Kawan &amp; MKH Share Suspensions Point To MKHOP Exit, I mused MKH (MKH MK)'s price movement suggested it was exiting MKH Oil Palm (MKHOP MK).
Not quite. Batu Kawan Bhd (BAK MK), the controlling shareholder of palm oil giant Kuala Lumpur Kepong (KLK MK), is taking out the Chen family's controlling stake (47.7%) in  MKH. 
Should (or when) the unconditional and conditional share sale agreements complete, BAK will launch a conditional MGO for MAK @RM2/share and MKHOP (likely) at RM0.6478.


MKH Oil Palm (East Kalimantan) (MKHOP MK)

Batu Kawan's Conditional MGOs For MKH AND MKHOP

Mkh Bhd

Batu Kawan's Conditional MGOs For MKH AND MKHOP