Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Quiddity Advisors

Equity Capital Markets

<ul>
<li>On Friday after the close, after <a href="https://www.smartkarma.com/entities/marumae-co-ltd" target="_blank" data-smartkarma-citation="entities:16671:1" rel="noopener">Marumae Co Ltd (6264 JP)</a> shares rose 11% to a record high, the company announced a large primary and secondary offering.</li>
<li>The company and the CEO will sell up to 4.14mm shares including greenshoe against 25.4mm shares out now and 11+mm shares of Max Real World Float.</li>
<li>The company is growing this year after last year's mid-year acquisition of KMAC from JIP. The goal is ¥25bn of sales at 22-23% OPM in Aug28. But it's big.</li>
</ul>


On Friday after the close, after Marumae Co Ltd (6264 JP) shares rose 11% to a record high, the company announced a large primary and secondary offering.
The company and the CEO will sell up to 4.14mm shares including greenshoe against 25.4mm shares out now and 11+mm shares of Max Real World Float.
The company is growing this year after last year's mid-year acquisition of KMAC from JIP. The goal is ¥25bn of sales at 22-23% OPM in Aug28. But it's big.


[Japan Offering] Marumae (6264 JP) - A Big Opportunistic Offering to Sell Shares at 3+x Revs