Aquis finance has almost 50% shareholding in cae but no board representative(s). This shows the high level of trust placed in the executive chairman and the team to lead the company and create shareholder value.
Aquis finance is owned by Tony Fung and a quick google shows the extent of the wealth behind that group. He is a billionaire and knows what he is doing. If he is backing Cannindah with so little worry about oversight, then I think that’s a massive vote of confidence!
CAE Price at posting:
41.5¢ Sentiment: None Disclosure: Held
