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

China Shengmu (1432): China Modern Dairy Closes In On 50%

China Shengmu (1432): China Modern Dairy's Offer Is (Shortly) Unconditional

On China Shengmu (1432)'s Conditional MGO

Quiddity Advisors

Event-Driven

China Shengmu Organic Milk / Event-Driven

<ul>
<li>Back on the 30th October 2025, <strong><a href="https://www.smartkarma.com/entities/china-modern-dairy-holdings" target="_blank" data-smartkarma-citation="entities:6785:1" rel="noopener">China Modern Dairy (1117 HK)</a></strong> (CMD) entered into a conditional SPA to acquire a 1.28% in raw milk producer <strong><a href="https://www.smartkarma.com/entities/china-shengmu-organic-milk" target="_blank" data-smartkarma-citation="entities:12714:1" rel="noopener">China Shengmu (1432 HK)</a></strong> (CSM).</li>
<li>As CMD then held 29.99% in CSM, the additional 1.28% clears 30%, obligating CMD to make a conditional Offer for all shares not held. The Offer Price will be A$0.35/share</li>
<li>The key SPA condition - SAMR clearance - is now satisfied. SPA completion expected on the 22nd May and Composite Doc dispatch on or before the 29th May. </li>
</ul>


Back on the 30th October 2025, China Modern Dairy (1117 HK) (CMD) entered into a conditional SPA to acquire a 1.28% in raw milk producer China Shengmu (1432 HK) (CSM).
As CMD then held 29.99% in CSM, the additional 1.28% clears 30%, obligating CMD to make a conditional Offer for all shares not held. The Offer Price will be A$0.35/share
The key SPA condition - SAMR clearance - is now satisfied. SPA completion expected on the 22nd May and Composite Doc dispatch on or before the 29th May. 


China Shengmu (1432): Conditional MGO To Launch At Month-End