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

Ferretti (9638 HK): KKCG's Partial Offer Update

Quiddity Advisors

Event-Driven

<ul>
<li>On 19th January, privately-held KKCG Maritime announced a partial offer for luxury yacht maker <strong><a href="https://www.smartkarma.com/entities/ferretti-spa" target="_blank" data-smartkarma-citation="entities:28335:1" rel="noopener">Ferretti SpA (9638 HK)</a></strong>, seeking to lift its stake to 29.9% from 14.5%. </li>
<li>Ferretti is a dual-primary listing, the first company to be listed on both the Hong Kong and Milan exchanges.</li>
<li>Ferretti's major shareholder is Shandong SASAC (37.54%). The Italian regulator is running a ruler over the transaction. Comfortably trading through the HK$31.71/share cash terms. </li>
</ul>


On 19th January, privately-held KKCG Maritime announced a partial offer for luxury yacht maker Ferretti SpA (9638 HK), seeking to lift its stake to 29.9% from 14.5%. 
Ferretti is a dual-primary listing, the first company to be listed on both the Hong Kong and Milan exchanges.
Ferretti's major shareholder is Shandong SASAC (37.54%). The Italian regulator is running a ruler over the transaction. Comfortably trading through the HK$31.71/share cash terms. 


Ferretti (9638 HK): On KKCG's Partial Offer