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

Lotus (6063 HK) Is A Bubble Stock. Expect An Unconditional Takeunder

Something Is Seriously Amiss As Shares In KFM Kingdom Are Now Suspended

More Contractor Craziness. The HKEx Needs To Open An Investigation

Superland (368 HK) Suspended: MBO (Takeunder) Expected

Quiddity Advisors

Event-Driven

<ul>
<li>Contractor <a href="https://www.smartkarma.com/entities/wk-group-holdings-limited" target="_blank" data-smartkarma-citation="entities:49355:1" rel="noopener">WK Group (2535 HK)</a> is suspended pursuant to the Hong Kong Code on Takeovers and Mergers. Expect a Scheme Offer from the Chan family, who collectively hold ~39%.</li>
<li>WK Group was listed in March 2024 at HK$0.25/share, and closed up 9.7% yesterday at HK$0.51/share.</li>
<li>Interestingly, this is the second HK contractor suspended in as many days due to the Takeovers code, after <a href="https://www.smartkarma.com/entities/superland-group-holdings-limited" target="_blank" data-smartkarma-citation="entities:55388:1" rel="noopener">Superland (368 HK)</a> - see <a href="https://www.smartkarma.com/insights/superland-368-hk-suspended-mbo-takeunder-expected" target="_blank" data-smartkarma-citation="insights:248288" rel="noopener">Superland (368 HK) Suspended: MBO (Takeunder) Expected</a>.</li>
</ul>


Contractor WK Group (2535 HK) is suspended pursuant to the Hong Kong Code on Takeovers and Mergers. Expect a Scheme Offer from the Chan family, who collectively hold ~39%.
WK Group was listed in March 2024 at HK$0.25/share, and closed up 9.7% yesterday at HK$0.51/share.
Interestingly, this is the second HK contractor suspended in as many days due to the Takeovers code, after Superland (368 HK) - see Superland (368 HK) Suspended: MBO (Takeunder) Expected.


WK Group (2535 HK): Second Contractor Suspended Pursuant To Takeovers Code