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

IJM (IJM MK): 26th March Sunway Vote. Independent Advice Still Pending

IJM (IJM MK): The IA & PNB Reject Sunway's Offer Despite MACC Probe

IJM Corp (IJM MK): Sunway's Offer Is Light. But Scale Is Key

IJM (IJM MK): Sunway Snubs Anti-Graft Probe & Proceeds With Offer

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 12th January, <a href="https://www.smartkarma.com/entities/sunway-bhd" target="_blank" data-smartkarma-citation="entities:11025:1" rel="noopener">Sunway (SWB MK)</a> tabled a voluntary RM3.15 cash/scrip Offer for <a href="https://www.smartkarma.com/entities/ijm-corp-bhd" target="_blank" data-smartkarma-citation="entities:16784:1" rel="noopener">Ijm Corp (IJM MK)</a>, an uninspiring 14.55% premium to undisturbed. Both companies would benefit from scale.</li>
<li>On the 20th January, IJM confirmed it had met with Malaysia’s anti-graft body.  Sunway subsequently reiterated it intends to proceed with the Offer. </li>
<li>
The Offer Doc is now <a href="https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=154&amp;name=EA_TEN_ATTACHMENTS" target="_blank" rel="noopener">out</a>. However, Sunway has sought an extension to submit an independent advice circular.</li>
</ul>


Back on the 12th January, Sunway (SWB MK) tabled a voluntary RM3.15 cash/scrip Offer for Ijm Corp (IJM MK), an uninspiring 14.55% premium to undisturbed. Both companies would benefit from scale.
On the 20th January, IJM confirmed it had met with Malaysia’s anti-graft body.  Sunway subsequently reiterated it intends to proceed with the Offer. 

The Offer Doc is now out. However, Sunway has sought an extension to submit an independent advice circular.


IJM (IJM MK): Offer Doc Dispatched. Sunway Still To Vote On Terms

Ijm Corp Bhd

IJM (IJM MK): Offer Doc Dispatched. Sunway Still To Vote On Terms