JAT 2.30% 44.5¢ jatcorp limited

Ann: New JAT China Subsidiary signs First Agreement, page-26

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    The 'state owned' company 'buy in' to JAT will have its impacts. Some good in the short term, but Hangzhou Xiacheng will want their pound of flesh for any contribution they make to JAT's profitability. With the already high debt, in monetary terms there will now be another kind of debt, influence. This still has potential, but the relationship between JAT management and 'large investors' should be watched closely.
 
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