It was good to see that were 8 Directors meetings during the year. I am sure progress is being made to improve the business.
The annual report refers to related party transactions with a company called Jinjiang XPD Import and Export Ltd. These sales were $3.1m.
Who is Jinjiang XPD import and export ? Who owns it ?
We’re the sales at a market price or were they heavily discounted?
What was the profit or loss on these sales ?
Ann: Annual Report to shareholders, page-16
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