Thursday, September 24, 2009

First Natural (1076) - The Chairmans alive!

So this bastard Yeung Chung Lung with the retarded son is not only still alive but is contesting ownership of a public company in a court in China. So WTF has been in control of this company since it's suspension and mass resignations in December last year?

Has the CEO of a public listed company defected and is still in control? Who has been writing the cheques? WTF has the liquidators been doing? Has the company assets been stripped?

Why are these questions been asked? How the hell does a chairman maintain control of a company after 'disappearing'?

Another example of the risks in investing in small/medium sized companies in China.

Today's filing

No comments:

Post a Comment