Rose coloured glasses, F&B is on the mark.Found this from...

Rose coloured glasses, F&B is on the mark.
Found this from (Reuters) from just over 2 years ago.
DECEMBER 22, 2020
(Reuters) -Canada rejected Shandong Gold Mining’s bid for indebted TMAC Resources, the companies said, amid concerns about a Chinese state-owned entity.Canada and Australia have increased scrutiny on deals by state-run Chinese miners this year amid economic dislocation caused by the coronavirus pandemic. Ottawa’s decision could further strain Canadian-Chinese relations, already damaged by Canada’s December 2018 arrest of Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou at the request of the United States. Shandong Gold, controlled by the province of Shandong and one of China’s top gold miners, said Tuesday it had received notice of a decision made by Canadian authorities on Dec.18 that it would not proceed with the deal. It added the sale was blocked on national security grounds. Chinese foreign ministry spokesman Zhao Lijian said Canada should provide a fair, open and non-discriminatory business environment for companies from all countries including China. Prime Minister Justin Trudeau has faced pressure to toughen the country’s stance on China. Canada’s department of Innovation, Science and Economic Development, which oversees foreign investment, said in a statement that Canada remains open to investment but declined further comment, citing confidentiality provisions.
2 points. (1) CCP hidden agenda controls all Chinese companies. (2) With the stance by Canada rejecting Shandong Golds Co purchase of TMAC Resources on security grounds supports my view and may stop any thoughts by SG to try to take full control of FML.