Xing Hua hold only a 15% stake 11.5 mill sharesthe original...

Xing Hua hold only a 15% stake 11.5 mill shares
the original intention of June 30th announcement
was a 34% stake with 40 mill full shares plus another
20 mill options.
Directors appear to hold relatively small amounts
as per annual report largest 10 holders:
Lewis Tay 3 mill
Meng Xin Gao 2.5mill
HSBC 2.5 mill
Mian Wang 2.2 mill
Zhifang Zhang 2.0mill
Xiang Gao 1.9 mill
JF Apex 1.8 mill
Qinghua Zhang 1.7 mill
Ting Lam 1.7 mill
Mu Po Zhu 1.6mill

Surprise surprise in the top 20 holders Chinese looking
names hold about 20 million shares and that is prior to
XingHua taking a stake.