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

Tian An Medicare (383 HK): Small But Interesting Buyback

Quiddity Advisors

Event-Driven

<ul>
<li>On the 23rd March, hospital/nursing home operator <a href="https://www.smartkarma.com/entities/tian-an-medicare-limited" target="_blank" data-smartkarma-citation="entities:7181:1" rel="noopener">Tian An Medicare (383 HK)</a> announced a small buyback, potentially lifting <a href="https://www.smartkarma.com/entities/tian-an-china-investment" target="_blank" data-smartkarma-citation="entities:13665:1" rel="noopener">Tian An China Investment (28 HK)</a>'s stake to 55% from 51.47%.</li>
<li>The buyback is for 70mn shares or 6.48% of shares out, at HK$1.10/share, a 15.79% premium to last close. IF key shareholders do not tender, pro-ration could be &gt;95%.</li>
<li>
<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0427/2026042702170.pdf" target="_blank" rel="noopener">The Offer Doc is now out</a>. The SGM (effectively a formality) will be held on the 18th May. The IFA says "fair and reasonable". </li>
</ul>


On the 23rd March, hospital/nursing home operator Tian An Medicare (383 HK) announced a small buyback, potentially lifting Tian An China Investment (28 HK)'s stake to 55% from 51.47%.
The buyback is for 70mn shares or 6.48% of shares out, at HK$1.10/share, a 15.79% premium to last close. IF key shareholders do not tender, pro-ration could be &gt;95%.

The Offer Doc is now out. The SGM (effectively a formality) will be held on the 18th May. The IFA says "fair and reasonable". 


Tian An Medicare (383 HK)'s Partial Offer Doc Now Out