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

This Needs To Be Sorted: Great Eastern (GE SP)'s Protracted Suspension

Great Eastern (GE SP): OCBC Bumps Terms - $30.15/Share Exit Offer

Great Eastern (GE SP): SGX The Winner As Shareholders Block Exit Offer

Quiddity Advisors

Event-Driven

<ul>
<li>Since the resumption of trading on the 21st August 2025, insurance play <a href="https://www.smartkarma.com/entities/great-eastern-holdings-limited" target="_blank" data-smartkarma-citation="entities:13993:1" rel="noopener">Great Eastern (GE SP)</a>, currently trading at S$15.65/share, is up ~30% from its suspended price. Not including dividends.</li>
<li>That's well adrift of the S$30.15/share Exit Offer from <a href="https://www.smartkarma.com/entities/oversea-chinese-banking-corporation-limited" target="_blank" data-smartkarma-citation="entities:114:1" rel="noopener">OCBC Bank (OCBC SP)</a> that was voted down by minority shareholders on the 8th July 2025. </li>
<li>
<a href="https://links.sgx.com/FileOpen/20260506%20GEH%20Media%20Release.ashx?App=Announcement&amp;FileID=887690" target="_blank" rel="noopener"> 1Q26 profit</a> remained steady year-on-year "despite less favourable investment environment". Sales and new business embedded value increased 16% and 31% yoy. </li>
</ul>


Since the resumption of trading on the 21st August 2025, insurance play Great Eastern (GE SP), currently trading at S$15.65/share, is up ~30% from its suspended price. Not including dividends.
That's well adrift of the S$30.15/share Exit Offer from OCBC Bank (OCBC SP) that was voted down by minority shareholders on the 8th July 2025. 

 1Q26 profit remained steady year-on-year "despite less favourable investment environment". Sales and new business embedded value increased 16% and 31% yoy. 


Great Eastern (GE SP): Economic Insurance