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

Yitai Coal (3948 HK): H-Share Buyback Firmed At HK$17.50

Yitai Coal (3948 HK): H-Shareholders To Vote on 30th June

Quiddity Advisors

Event-Driven

Inner Mongolia Yitai Coal Company Ltd / Event-Driven

Inner Mongolia Yitai Coal Company Ltd (3948 HK)

<ul>
<li>Back on the 29 March, <strong><a href="https://www.smartkarma.com/entities/inner-mongolia-yitai-coal-company-ltd" target="_blank" data-smartkarma-citation="entities:14904:1" rel="noopener">Inner Mongolia Yitai Coal Company Ltd (3948 HK)</a></strong> announced a possible H-share buyback at HK$17/share, a 50.4% premium to the undisturbed price.</li>
<li>Yitai Coal is PRC-incorporated, therefore it is not afforded compulsory acquisition rights. To buy back ALL H-shares, either a Merger by Acquisition or a Voluntary Conditional Offer is required.</li>
<li>The Offer/buyback, should it proceed, is subject to various PRC regulatory approvals, including SAFE; together with approval from Yitai Coal's A/H shareholders. To date, the SAFE Registration has been completed.</li>
</ul>


Back on the 29 March, Inner Mongolia Yitai Coal Company Ltd (3948 HK) announced a possible H-share buyback at HK$17/share, a 50.4% premium to the undisturbed price.
Yitai Coal is PRC-incorporated, therefore it is not afforded compulsory acquisition rights. To buy back ALL H-shares, either a Merger by Acquisition or a Voluntary Conditional Offer is required.
The Offer/buyback, should it proceed, is subject to various PRC regulatory approvals, including SAFE; together with approval from Yitai Coal's A/H shareholders. To date, the SAFE Registration has been completed.


Yitai Coal (3948 HK): H-Share Offer (Likely) Imminent