Ann: TGS Lender Voting Intention Statements, page-47

how many times on the ASX have entities from China (usually backed by the Chinese government), proposed deals as the so called 'saviour' coming in to strike a bargain on the cheap only to pull out and watch the company fall into admin.

Look at Paladin Energy as a prime example.... CNNC bought 25 percent then made a deal to acquire another 25 percent ..... dragged it out then pulled out, watched it fall into admin and tried to trigger an option to buy, which was deemed by an independent body as valid.... then lo and behold when dead line came, made no offer to buy.