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

Sigma/Chemist Warehouse Merger: ACCC Has (Many) Issues

APAC Healthcare Weekly (Oct 6)-Strong Yen Impact, Sigma's Remedial Measures, Mesoblast's Fund Raise

Sigma Healthcare (SIG AU): Possibility of Merger with CWG Is Still Alive

Sigma Healthcare (SIG AU): Chemist Warehouse's Reverse Takeover

Aussie Pharma (API AU): Scheme Booklet Out. Meeting On The 17 March

Aussie Pharma: Path Cleared For Wesfarmers As Woolies Walks.

Quiddity Advisors

Event-Driven

<ul>
<li>In early December, pharmacy distributor <a href="https://www.smartkarma.com/entities/sigma-healthcare-ltd" target="_blank" data-smartkarma-citation="entities:15966:1" rel="noopener">Sigma Healthcare (SIG AU)</a> arranged a "transformational merger" with mega chain Chemist Warehouse (CWG). Effectively a reverse takeover designed to get CWG listed.</li>
<li>SIG issued shares, raising cash, enabling it so NEWCO had high enough minimum float upon merging. Financial engineering for the win. SIG popped - a kind of IPO premium trade.</li>
<li>But plenty of people are against the deal, and ACCC hasn't yet opined (13 June is the provisional date), but on Thursday, S&amp;P announced SIG would join ASX200 despite risks.</li>
</ul>


In early December, pharmacy distributor Sigma Healthcare (SIG AU) arranged a "transformational merger" with mega chain Chemist Warehouse (CWG). Effectively a reverse takeover designed to get CWG listed.
SIG issued shares, raising cash, enabling it so NEWCO had high enough minimum float upon merging. Financial engineering for the win. SIG popped - a kind of IPO premium trade.
But plenty of people are against the deal, and ACCC hasn't yet opined (13 June is the provisional date), but on Thursday, S&amp;P announced SIG would join ASX200 despite risks.


Sigma Healthcare (SIG AU): ASX200 Inclusion Now, MUCH More Squeezy Fun Later. Maybe...