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

Singapore Medical (SMG SP): "Not Fair But Reasonable" Says IFA. TLW Needs To Bump

Singapore Medical Extends Offer As Tendering Surprises

Singapore Medical: Offer Doc Out; 90% Conditionality Firmed

Quiddity Advisors

Event-Driven

<ul>
<li>I should have stuck to my guns.  <strong><a href="https://www.smartkarma.com/entities/singapore-medical-group-ltd" target="_blank" data-smartkarma-citation="entities:7441:1" rel="noopener">Singapore Medical (SMG SP)</a></strong>'s original Exit Offer was low-balled. The IFA all but conceded this. I mused that TTW probably needed to bump.</li>
<li>And now TTW has, bumping the Offer by 8.1% to <a href="https://links.sgx.com/FileOpen/Press%20Release%20on%20the%20Revision%20of%20Offer%20Consideration.ashx?App=Announcement&amp;FileID=737382" target="_blank" rel="noopener">S$0.40/share</a>, and declaring the terms final.</li>
<li>The Offer remains subject to TTW holding 90% (with 77.42% in the bag already). The Offer has been extended to the 5 December. </li>
</ul>


I should have stuck to my guns.  Singapore Medical (SMG SP)'s original Exit Offer was low-balled. The IFA all but conceded this. I mused that TTW probably needed to bump.
And now TTW has, bumping the Offer by 8.1% to S$0.40/share, and declaring the terms final.
The Offer remains subject to TTW holding 90% (with 77.42% in the bag already). The Offer has been extended to the 5 December. 


Singapore Medical

Singapore Medical: TTW Bumps To S$0.40