Couldn't line up enough suckers..? From the prospectus, it has no operations, and has a non binding letter of funding intent from China Exim Bank. The mama-sans, Msses HKex and SFC as usual, introducing the latest talent to HK's bordello of stock markets.
"As the company requires additional time for certain commercial arrangement, it has decided to postpone the expected timetable for issuing the prospectus,”
Read more: http://www.smh.com.au/business/palmer-yanks-hk-ipo-for-a-third-time-20110526-1f5fd.html#ixzz1NQYRROFO
Read more: http://www.smh.com.au/business/palmer-yanks-hk-ipo-for-a-third-time-20110526-1f5fd.html#ixzz1NQYRROFO
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