a special general meeting was convened for shareholders to...

a special general meeting was convened for shareholders to consider the resolution for approving the acquisition of Tianjin ATM. A shareholder enquires on the status of the due diligence review and is told that its still in progress. The SGM is consequently adjourned till the due diligence is finalised... Fintronics management i think is completely incompetent. money is poured into their coffers, we anticipate an exciting & large acquisition, they deliver 300 atms, and 2 months later they expect shareholders to vote to approve the acquisition yet havent completed due diligence.
in light of this, i commend customers for taking only a tentative step into china