launched today the tender for j plant capex, page-30

I can't see any point chasing and understanding all these Chinese website news instead of ASIC and ASX enforcing Australian corporate governance laws.

Question now is how long would the current suspension be and is it reasonable that suspension be given to GXY, given its past record, without further query from ASX? ; is Galaxy still solvent (this is a relevant question given its balance sheet) and whether all directors, past and present, have exercised due diligence and care in conducting the company's affairs on behalf of shareholders? From all the past published public statements, I personally think that they haven't.

Without bringing up any legal gobbledigook and another topic for long discussion, ASIC's recent decision to pursue Ex-Gunns chief John Gay to face proceeds of crime case is a good precedent. I wish ASIC would initiate more civil prosecution and try criminal conviction at a later stage.

Read more: http://www.smh.com.au/business/exgunns-chief-john-gay-to-face-proceeds-of-crime-case-20140226-33i02.html#ixzz2uZSpC87v