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

A Tender Offer of a 46.5% Stake in SK Signet by SK Inc

Quiddity Advisors

Event-Driven

<ul>
<li>On the 24th July, <strong><a href="https://www.smartkarma.com/entities/sk-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:393:1" rel="noopener">SK Inc (034730 KS)</a></strong> launched a voluntary public Tender Offer to acquire full control of ultra-fast EV charger play <strong><a href="https://www.smartkarma.com/entities/sk-signet-inc" target="_blank" data-smartkarma-citation="entities:55377:1" rel="noopener">SK Signet (260870 KS)</a></strong>.</li>
<li>SK Inc is offering ₩8,200/share, a 26.2% premium to undisturbed. SK Inc, which owns 74.9% of SK Signet, is making the Offer after SK Signet touched a multi-year low. </li>
<li>There is no minimum tendering condition. SK Inc is taking advantage of an illiquid KONEX stock, three years of losses, plus capital-impairment concerns. It is what it is.</li>
</ul>


On the 24th July, SK Inc (034730 KS) launched a voluntary public Tender Offer to acquire full control of ultra-fast EV charger play SK Signet (260870 KS).
SK Inc is offering ₩8,200/share, a 26.2% premium to undisturbed. SK Inc, which owns 74.9% of SK Signet, is making the Offer after SK Signet touched a multi-year low. 
There is no minimum tendering condition. SK Inc is taking advantage of an illiquid KONEX stock, three years of losses, plus capital-impairment concerns. It is what it is.


SK Signet (260870 KS): SK Inc (034730 KS)'s Low-Balled Offer