The info (in Chines) is a few months old but still interestingly relevant to SDL. A bit difficult to translate but the news is about Liu Han's share in a so-called 'Jin Ru' Coorpration Limited. Hope my main catch is accurate.
This is a company producing chemical in the frontier research with the Chinese Academy of Science etc. Liu Han had a quite significant controlling over the company. The news told that the State-owned Assess Supervision and Administration Commession stepped in and replaced Liu Han's control (i.e. shares) just before the news released (about six months after his arrest). This meant that Liu Han's share would be transferred to State permanently. Therefore, his fate was already pre-determined. In parallel, his SDL shares should have already belonged to the State. The State's economic interest on Liu Han should be more related to SDL than 'Jin-Ru'.
SDL Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
