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

Z Fin (1168 HK)'s Suspension: Expect Ou To Make An Offer

Quiddity Advisors

Event-Driven

<ul>
<li>As discussed in <a href="https://skr.ma/y2J0O" target="_blank" rel="noopener">Z Fin (1168 HK)'s Suspension: Expect Ou To Make An Offer</a>, following <a href="https://www.smartkarma.com/entities/z-fin-limited" target="_blank" data-smartkarma-citation="entities:9999:1" rel="noopener">Z Fin (1168 HK)</a>'s suspension, an Offer from Ou Yaping, Z Fin's founder, was expected.</li>
<li>And that is what unfolded late last night (21st July). Ou is Offering HK$6.60/share, by way of a Scheme. Terms are final.</li>
<li>Terms are a 61.37% premium to undisturbed. Yet a 72.13% discount to NAV. Minorities are somewhat active looking at recent AGM voting. Yet terms are fair to listed peers. </li>
</ul>


As discussed in Z Fin (1168 HK)'s Suspension: Expect Ou To Make An Offer, following Z Fin (1168 HK)'s suspension, an Offer from Ou Yaping, Z Fin's founder, was expected.
And that is what unfolded late last night (21st July). Ou is Offering HK$6.60/share, by way of a Scheme. Terms are final.
Terms are a 61.37% premium to undisturbed. Yet a 72.13% discount to NAV. Minorities are somewhat active looking at recent AGM voting. Yet terms are fair to listed peers. 


Z Fin (1168 HK): Ou's "Fair" HK$6.60/Share Offer