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 22 years of covering Asia Pacific equities, the past 19 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

Jinke Smart (9666 HK): Boyu's Offer Now Unconditional

Why Is Jinke Smart (9666 HK) Still Suspended?

Jinke Smart (9666 HK): Boyu's Unconditional Offer Now Open To Tendering

Quiddity Advisors

Event-Driven

<ul>
<li>On the 28th April 2025, PRC-incorporated property management play <a href="https://www.smartkarma.com/entities/jinke-smart-services-group-co" target="_blank" data-smartkarma-citation="entities:29214:1" rel="noopener">Jinke Smart Services (9666 HK)</a> announced a possible unconditional MGO take-under at HK$6.67/share from a Boyu-backed Offeror.</li>
<li>The Offeror (and Concert Parties), bought a 18.05% stake in Jinke at auction, lifting their stake &gt;50% triggering the MGO. The Offeror's intention was to maintain Jinke's listing. </li>
<li>That's now changed. The Offeror is now seeking Jinke's delisting at HK$8.69/share; however, as Jinke is PRC incorporated, the privatisation conditions include a Scheme-like vote and a 90% tendering condition. </li>
</ul>


On the 28th April 2025, PRC-incorporated property management play Jinke Smart Services (9666 HK) announced a possible unconditional MGO take-under at HK$6.67/share from a Boyu-backed Offeror.
The Offeror (and Concert Parties), bought a 18.05% stake in Jinke at auction, lifting their stake &gt;50% triggering the MGO. The Offeror's intention was to maintain Jinke's listing. 
That's now changed. The Offeror is now seeking Jinke's delisting at HK$8.69/share; however, as Jinke is PRC incorporated, the privatisation conditions include a Scheme-like vote and a 90% tendering condition. 


Jiayuan Services Holdings Limited (1153 HK)

Jinke Smart (9666 HK): Boyu Changes Up And Now Seeks Delisting