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

Zhuhai Holdings (908 HK): Zhuhai SASAC Reloads With Scheme Offer

Zhuhai Holdings: SOE Offer For Tourist Play

Quiddity Advisors

Event-Driven

Zhuhai Holdings Investment / Event-Driven

<p>Back on the 22 January, <a href="https://www.smartkarma.com/entities/zhuhai-holdings-investment-group-ltd" target="_blank" data-smartkarma-citation="entities:17863:1" rel="noopener">Zhuhai Holdings Investment (908 HK)</a> <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0122/2021012201252.pdf" target="_blank" rel="noopener">announced</a> a pre-conditional privatisation by way of a Scheme from Zhuhai SASAC's Longway Services Group<strong>.</strong></p>
<p>The Offer price was HK$3.06/share, a 37.84% premium to last close, a 52.39% premium to the average closing price over the previous 30 trading days, and a lifetime high. The Offer price will not be increased. No dividend is expected to be declared during the Offer period. </p>
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<p>Pre-conditions from NDRC, MoC, and SAFE were satisfied by the <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0322/2021032200507.pdf" target="_blank" rel="noopener">22 March</a>. </p>
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<div>The <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0420/2021042001483.pdf" target="_blank" rel="noopener">Scheme Document</a> is now out, with the Court Meeting/SGM will be held on the 18 May. The IFA says fair &amp; reasonable.</div>
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<p>As always, more below the fold. </p>
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Back on the 22 January, Zhuhai Holdings Investment (908 HK) announced a pre-conditional privatisation by way of a Scheme from Zhuhai SASAC's Longway Services Group.
The Offer price was HK$3.06/share, a 37.84% premium to last close, a 52.39% premium to the average closing price over the previous 30 trading days, and a lifetime high. The Offer price will not be increased. No dividend is expected to be declared during the Offer period. 

Pre-conditions from NDRC, MoC, and SAFE were satisfied by the 22 March. 

The Scheme Document is now out, with the Court Meeting/SGM will be held on the 18 May. The IFA says fair &amp; reasonable.


As always, more below the fold. 


Zhuhai Holdings (908 HK): SGM On The 18 May