Hsn have had an eye out for the right directors for a long time.
On face value this director seems an imppecable fit.
announcement:
www.hsntech.com/investor_relations/feature.asp?id=294
According to the release: "He is also a Director of Entity Holdings, a Singapore-based energy metering and measurement business"
Business Spectator:
Entity Holdings buys 45.5m Intermoco shares
www.businessspectator.com.au/bs.nsf/Article/Entity-Holdings-buys-455m-Intermoco-shares-JAES3?OpenDocument&src=is
Intermoco restructure continues
http://www.businessspectator.com.au/bs.nsf/Article/Intermoco-restructure-continues-JDCMX?OpenDocument
The business is operating under five non-aligned brands: PRI Utility (to be re-branded Utiligy) for electricity metering; Ausmeter for gas metering; UDS for water metering; Powersave fluorescent management; and EcoBulb for power saving bulbs.
If this is the same Enity Holdings, looks like another Singapore company on the move.
Speculating heavily, (naturally no real evidence):-HSN share price has not collapsed during crisis, is somebody quietly buying?
What price say Hunter Hall's holding?
Big enough to ensure a directorship?
--------
The above is speculative dreaming, do your own research.
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