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

Fengxiang (9977 HK): Unconditional MGO Imminent

Fengxiang (9977 HK): PAG's Unconditional MGO And Proposed Delisting

Fengxiang (9977 HK): SPA Completed. Now For The Unconditional MGO

Shandong Fengxiang IPO Trading - Lack of Over-Allocation Won't Help Post Deal Performance

Shandong Fengxiang IPO - Looks Cheap but Is at Peak Margins

Leong Hup IPO - Privatization Was at Lower Multiples and Key Subsidiary Too Is Trading Cheaper

Quiddity Advisors

Event-Driven

<ul>
<li>The controlling shareholders of <a href="https://www.smartkarma.com/entities/shandong-fengxiang-co-ltd-h" target="_blank" data-smartkarma-citation="entities:29164:1" rel="noopener">Shandong Fengxiang Co Ltd-H (9977 HK)</a>,  a company engaged in chicken breeding, slaughtering, and processing, are unable to meet their debts.</li>
<li>As such, these shareholders who hold 70.92% of shares out in Fengxiang, via domestic shares, have been forced into a judicial auction, the completion of which may trigger an MGO. </li>
<li>Taking pointers from <a href="https://www.smartkarma.com/entities/shanghai-dongzheng-automotive-finance-co-ltd" target="_blank" data-smartkarma-citation="entities:27984:1" rel="noopener">Dongzheng Automotive Finance (2718 HK)</a>'s recent auction means we back out a possible payment around late December - on the assumption an unconditional MGO is triggered.</li>
</ul>


The controlling shareholders of Shandong Fengxiang Co Ltd-H (9977 HK),  a company engaged in chicken breeding, slaughtering, and processing, are unable to meet their debts.
As such, these shareholders who hold 70.92% of shares out in Fengxiang, via domestic shares, have been forced into a judicial auction, the completion of which may trigger an MGO. 
Taking pointers from Dongzheng Automotive Finance (2718 HK)'s recent auction means we back out a possible payment around late December - on the assumption an unconditional MGO is triggered.


Fengxiang (9977 HK): MGO Expected To Follow Judicial Auction