Isn't it lucky that I live in China and am very familiar with local laws and regulations around this as I have a company here that I move money from and to Australia.
You're making up a load of just ... well crap.
China is Australia's largest trading partner, they have A LOT of transactions going between them. Companies in China only need to apply for a waiver with the bank to prove they have overseas contracts and deals and they are allowed to transfer funds out of the country with no major restriction. Of course there is an anti-money laundering policy which sometimes may restrict the size of the transaction (Alarm bells are only raised if a company worth $200m tries to transfer like $100m in one go).
This is even easier for Tinjoy as they work closely with the government in multiple provinces, and have government members on their board - so this is a complete non-issue.
- Forums
- ASX - By Stock
- AHI
- Ann: Tinjoy Re-Launch Update
Ann: Tinjoy Re-Launch Update, page-176
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AHI (ASX) to my watchlist
|
|||||
Last
9.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AHI (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online