"Only qualified domestic institutional investors resident in the People’s Republic of China. are eligible for this rights issue" Looks like our Chinese share holders are going to miss out not been qualified domestic institutional investors Taking this into consideration, as well as the costs of complying with the legal requirements and the requirements of the regulatory authorities relating to the shareholders with registered addresses in various jurisdictions outside of Australia, New Zealand, Hong Kong and the People’s Republic of China (to the extent that the Shareholders are qualified domestic institutional investors) the Company has formed the view that it is unreasonable to extend the Rights Issue to those shareholders who do not reside in Australia, New Zealand or Hong Kong or who are not qualified domestic institutional investors resident in the People’s Republic of China.
CDU Price at posting:
$1.83 Sentiment: Buy Disclosure: Held
