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

Spindex Inds (SPE SP): 18th Dec Vote On MBO

Quiddity Advisors

Event-Driven

<ul>
<li>Late Friday (26th September), precision parts manufacturer <strong><a href="https://www.smartkarma.com/entities/spindex-industries-ltd" target="_blank" data-smartkarma-citation="entities:17868:1" rel="noopener">Spindex Industries (SPE SP)</a></strong> announced an Offer, by way of a Scheme, from the Tan Family, Spindex's controlling shareholder (74.95%).</li>
<li>The Tan's are offering S$1.43/share, an okay 27.7% premium to undisturbed, and a decade-high price.  The Offer is backed by PE outfit PrimeMovers Equity.</li>
<li>Clean deal. No competing Offer will emerge. I estimate payment mid-Jan 2026.</li>
</ul>


Late Friday (26th September), precision parts manufacturer Spindex Industries (SPE SP) announced an Offer, by way of a Scheme, from the Tan Family, Spindex's controlling shareholder (74.95%).
The Tan's are offering S$1.43/share, an okay 27.7% premium to undisturbed, and a decade-high price.  The Offer is backed by PE outfit PrimeMovers Equity.
Clean deal. No competing Offer will emerge. I estimate payment mid-Jan 2026.


Hainan Meilan International Airport (357 HK)

Hangzhou Kangji Medical Instrument Co., Ltd. (9997 HK)

Hangzhou Kangji Medical Instrument Co., Ltd.

Oneconnect Financial Technology (6638 HK)

Spindex Industries

Spindex Industries (SPE SP)'s Clean MBO