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

Weiqiao Textile (2698 HK): Pre-Cons Done. Payment (Perhaps) Late March

Weiqiao Textile (2698 HK): 8th March Vote. Payment Late March

Texwinca (321 HK): Even Cheaper Than Pacific Textiles (1382 HK)

Quiddity Advisors

Event-Driven

<ul>
<li>After shares were suspended on the 27 November, <strong><a href="https://www.smartkarma.com/entities/weiqiao-textile-co" target="_blank" data-smartkarma-citation="entities:3690:1" rel="noopener">Weiqiao Textile Co (2698 HK)</a></strong> has now announced a pre-conditional privatisation at <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2023/1204/2023120402335.pdf" target="_blank" rel="noopener">HK$3.50 per H-share</a>.</li>
<li>This Offer, from its parent, is by way of a Merger by Absorption, which incorporates a Scheme-like vote.<strong> There is no tendering condition.</strong>
</li>
<li>The Offer Price is a premium to last close is a hefty 104.68%. and around a six-year high. This is done. </li>
</ul>


After shares were suspended on the 27 November, Weiqiao Textile Co (2698 HK) has now announced a pre-conditional privatisation at HK$3.50 per H-share.
This Offer, from its parent, is by way of a Merger by Absorption, which incorporates a Scheme-like vote. There is no tendering condition.

The Offer Price is a premium to last close is a hefty 104.68%. and around a six-year high. This is done. 


Weiqiao Textile (2698 HK)’s Pre-Conditional Merger By Absorption