final tree shake, page-45

Hanlong is working as an investment banker to trade SDL.
HL will delist SDL from ASX after privatisition then relist it at Shanghai SX. As the biggest holder of SDL, Hanlong has the advantage to influnce the board, and block the competitors.
We can not blame HL, but the board. From the source of Chinese web news, at least two other Chinese steel makers who are interested in the SDL were reject from the shortlist.


here is the link of the Chinese version of the news:

http://finance.eastmoney.com/news/1354,20110723150601971.html