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

Roxy-Pacific (ROXY SP): Founder-Led Offer Is Now Firm

Roxy-Pacific (ROXY SP): Pre-Conditional Offer Led By Founder

Quiddity Advisors

Event-Driven

<ul>
<li>An Offeror consortium, led by Teo Hong Lim, founder of <strong><a href="https://www.smartkarma.com/entities/roxy-pacific-holdings-ltd" target="_blank" data-smartkarma-citation="entities:1096:1" rel="noopener">Roxy Pacific (ROXY SP)</a></strong>, is offering S$0.485/share, a 19.8% premium to last close. The Offer Price will NOT be increased. </li>
<li>The Circular was <a href="https://links.sgx.com/FileOpen/3.%20RPH_Circular_to_Shareholders.ashx?App=Announcement&amp;FileID=698112" target="_blank" rel="noopener">dispatched</a> yesterday (the Offer Doc was <a href="https://links.sgx.com/FileOpen/Roxy-Pacific%20Holdings%20Limited%20Offer%20Document%2005.01.22.ashx?App=Announcement&amp;FileID=696789" target="_blank" rel="noopener">issued</a> on the 5 January), in which the IFA considered the terms not fair but reasonable). </li>
<li>Trading to terms. The first close is the 3 February. </li>
</ul>


An Offeror consortium, led by Teo Hong Lim, founder of Roxy Pacific (ROXY SP), is offering S$0.485/share, a 19.8% premium to last close. The Offer Price will NOT be increased. 
The Circular was dispatched yesterday (the Offer Doc was issued on the 5 January), in which the IFA considered the terms not fair but reasonable). 
Trading to terms. The first close is the 3 February. 


Roxy-Pacific (ROXY SP): Circular Out. IFA Says Not Fair But Reasonable

Roxy Pacific Holdings

Roxy-Pacific (ROXY SP): Circular Out. IFA Says Not Fair But Reasonable