No one is even shorting it - remember the good old days it was...

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23/02/18

18:02

Post #: 31300303
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Originally posted by omomatic ↑

Interesting, from publicaly available information:
As per the companys previous annoucement GuoYi Holdings (BVI) Limited is a wholly owned subsidiary of Guo Yi Holdings (HK) Limited. The HK entitiy was founded 24 Feb 2016, $100HKD capital and only two directors.

Chan, Siu Yeung
Lin, Tong

Chan, Siu Yeung is also a director of AM Capital (now called AMC Wanhai)
Lin, Tong is also a director of AM Capital

AM Capital has a long history of wokring with CuDeco as we know, including an obligation to underwrite the last rights issue.

More intersting is that Chan, Siu Yeung is also a director, in fact the sole director of a company called Equus Capital Management Limited
Sound Familar?
Resolution 8 https://www.asx.com.au/asxpdf/20161117/pdf/43cz83bggrrxh0.pdf

So now we've got AM Capital dirctors controlling at least another two invested entities and those entities having no other third-party directors bar AM directors.

I take it all of these entities will be banned from voting on these resolutions and that cuDeco will actively enforce these bans? Furthermore, Did someone say 5% rule?

Must be awefully cozy on the AM couch.

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No one is even shorting it - remember the good old days it was supposedly being shorted for a cheap take over - cant believe this is still trading above 20c

CDU Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
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