POL polymetals resources ltd

3 entities now hold 75% of polaris- china incr

  1. 5,851 Posts.
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    GZ,

    I have been checking out the relative holdings and it appears that Lion Holdings and Cheng Heng Jem now hold approximately 45% of POLARIS combined.

    Lion Holdings 19.69% + Cheng Heng Jem 25.50%.

    Note: Cheng Heng Jem is the Chairman of Lion Holdings.

    Heron Resources holding 22% of Polaris.

    The three major holders have 75% of Polaris shares.
    The Chinese/Malaysian 45% holding gives a fairly clear indication of what might happen.

    Cheers,
 
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