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

OUE (OUE SP) Is Cheap. Longer Term, Expect Lippo To Take It Private

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the <a href="https://links.sgx.com/FileOpen/OUEH%20Announcement.ashx?App=Announcement&amp;FileID=869953" target="_blank" rel="noopener">16th December 2025</a>, <a href="https://www.smartkarma.com/entities/oue-limited" target="_blank" data-smartkarma-citation="entities:9984:1" rel="noopener">OUE (OUE SP)</a> acquired <a href="https://www.smartkarma.com/entities/itochu-corp" target="_blank" data-smartkarma-citation="entities:18448:1" rel="noopener">Itochu Corp (8001 JP)</a>'s 19.32% stake in <a href="https://www.smartkarma.com/entities/oue-healthcare-limited" target="_blank" data-smartkarma-citation="entities:562:1" rel="noopener">OUE Healthcare (OUEHC SP)</a>, a healthcare/property play, lifting OUE's holding to 89.68%.</li>
<li>OUE paid S$0.024/share at the time. OUE has now announced an Offer, by way of a Scheme, for OUEHC at S$0.05/share, a 28.2% premium to undisturbed and a five-year high.</li>
<li>Terms are not final (as far as I can see). Four to five months is a rough gauge to complete; although <a href="https://www.smartkarma.com/entities/avarga-limited" target="_blank" data-smartkarma-citation="entities:13105:1" rel="noopener">Avarga (AVARGA SP)</a>'s Scheme is taking significantly longer. </li>
</ul>


Back on the 16th December 2025, OUE (OUE SP) acquired Itochu Corp (8001 JP)'s 19.32% stake in OUE Healthcare (OUEHC SP), a healthcare/property play, lifting OUE's holding to 89.68%.
OUE paid S$0.024/share at the time. OUE has now announced an Offer, by way of a Scheme, for OUEHC at S$0.05/share, a 28.2% premium to undisturbed and a five-year high.
Terms are not final (as far as I can see). Four to five months is a rough gauge to complete; although Avarga (AVARGA SP)'s Scheme is taking significantly longer. 


OUE Healthcare (OUEHC SP): S$0.05/Share Scheme Offer From Parent