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

Johns Lyng (JLG AU): 8th October Vote On PEP's Offer

Quiddity Advisors

Event-Driven

<ul>
<li>A month ago, Integrated building services provider <strong><a href="https://www.smartkarma.com/entities/johns-lyng-group-ltd" target="_blank" data-smartkarma-citation="entities:26649:1" rel="noopener">Johns Lyng (JLG AU)</a></strong> fielded a non-binding Offer, by way of a Scheme, from Aussie fund manager Pacific Equity Partners (PEP).</li>
<li>JLG and PEP have now entered into a SID at A$4/share, a 77% premium to undisturbed. CEO Scott Didier, JLG's largest shareholder with 17.64%, is supportive. </li>
<li>A shareholder vote is expected to take place in October, with the transaction potentially wrapping up in November. This <em>may</em> need more gruel.</li>
</ul>


A month ago, Integrated building services provider Johns Lyng (JLG AU) fielded a non-binding Offer, by way of a Scheme, from Aussie fund manager Pacific Equity Partners (PEP).
JLG and PEP have now entered into a SID at A$4/share, a 77% premium to undisturbed. CEO Scott Didier, JLG's largest shareholder with 17.64%, is supportive. 
A shareholder vote is expected to take place in October, with the transaction potentially wrapping up in November. This may need more gruel.


Johns Lyng (JLG AU): PEP's A$4/Share Offer Looks Light