This statement makes me laugh in good corporate governance we get an independent expert opinion otherwise we are not obliged to issue one... .... ROFL what about sticking to your original offers Hanlong....
With Hanlong having a less than 30% interest in Sundance and there being no common directors, an independent expert’s report is not specifically required in relation to the Proposed Scheme. However, for reasons of good corporate governance the Directors of Sundance have engaged Ernst & Young Transaction Advisory Services Limited (“Ernst & Young Transaction Advisory Services”) to prepare an independent expert’s report in relation to the Proposed Scheme as if such a report was required under the Regulations.
SDL Price at posting:
36.0¢ Sentiment: ST Buy Disclosure: Held
