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: Genting (GENT MK)'s U.S. Expansion Is A Gamble

Genting Malaysia (GENM MK). The Offer Is Now Unconditional. The IFA Rejects Terms

Genting Malaysia (GENM MK): Offer Closes As New York Casino Licence Awarded

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/genting-malaysia-bhd" target="_blank" data-smartkarma-citation="entities:3141:1" rel="noopener"><strong>Genting Malaysia (GENM MK)</strong></a>, the owner of Resort World Genting, has <a href="https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=162685&amp;name=EA_GA_ATTACHMENTS" target="_blank" rel="noopener">announced</a> a conditional offer from controlling parent <strong><a href="https://www.smartkarma.com/entities/genting-bhd" target="_blank" data-smartkarma-citation="entities:14210:1" rel="noopener">Genting Bhd (GENT MK)</a></strong>.</li>
<li>GENT is offering RM2.35/share, an uninspiring 9.81% premium to last close, for the 50.64% of shares out not held. The Offer has a 50% acceptance threshold.</li>
<li>GENT already consolidates GENM (AFAIK). At this price, compulsory acquisition won't be afforded (you'd think). GENT should have launched the Offer back in April when the share price was floundering.</li>
</ul>



Genting Malaysia (GENM MK), the owner of Resort World Genting, has announced a conditional offer from controlling parent Genting Bhd (GENT MK).
GENT is offering RM2.35/share, an uninspiring 9.81% premium to last close, for the 50.64% of shares out not held. The Offer has a 50% acceptance threshold.
GENT already consolidates GENM (AFAIK). At this price, compulsory acquisition won't be afforded (you'd think). GENT should have launched the Offer back in April when the share price was floundering.


Genting Malaysia (GENM MK): Genting (GENT MK)'s Curious Offer