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

Ingenia Communities (INA AU) Mulls Warburg's Third Proposal

Ingenia (INA AU) Engages With Warburg. That's The Right Outcome

Peet Ltd (PPC AU): Ingenia Communities (INA AU)'s Clean Scheme

Peet Ltd (PPC AU): Suitors (Allegedly) Circling, But Nothing Firm

Quiddity Advisors

Event-Driven

<ul>
<li>On the 26th August, real estate developer <a href="https://www.smartkarma.com/entities/peet-ltd" target="_blank" data-smartkarma-citation="entities:15586:1" rel="noopener">Peet Ltd (PPC AU)</a> entered into cash/scrip Offer by way of a Scheme with <a href="https://www.smartkarma.com/entities/ingenia-communities-group" target="_blank" data-smartkarma-citation="entities:5495:1" rel="noopener">Ingenia Communities (INA AU)</a>.</li>
<li>The Scheme appeared clean. Decent premium to NTA. Major shareholder (of Peet) support. However, Ingenia's share price has fallen 13% since the transaction was announced. </li>
<li>This morning, Ingenia <a href="https://announcements.asx.com.au/asxpdf/20260907/pdf/073sl2qjwjy9l4.pdf" target="_blank" rel="noopener">announced</a> it has received, and rejected, a NBIO of A$4.75/share (in cash) from Warburg Pincus. The proposal is contingent on Ingenia not proceeding with the Peet Offer.</li>
</ul>


On the 26th August, real estate developer Peet Ltd (PPC AU) entered into cash/scrip Offer by way of a Scheme with Ingenia Communities (INA AU).
The Scheme appeared clean. Decent premium to NTA. Major shareholder (of Peet) support. However, Ingenia's share price has fallen 13% since the transaction was announced. 
This morning, Ingenia announced it has received, and rejected, a NBIO of A$4.75/share (in cash) from Warburg Pincus. The proposal is contingent on Ingenia not proceeding with the Peet Offer.


Hunter Turns Hunted As Ingenia Communities (INA AU) Rejects Warburg's NBIO