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

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

Quiddity Advisors

Event-Driven

China Infrastructure & Logistics Group  / Event-Driven

China Infrastructure & Logistics Group  (1719 HK)

<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