I personally do not think it is about the money that much. yes, the company has debt to Pudu and the company is a fair game for them.
However, I think they are planning to use an ASX listed company for some other objectives. Intentions could be legal or illegal, we don't know.
The facts are suggesting that it is not about the money.
Think about it. imagine:
1- You have a lot of money; we are talking billions. you have built up a range of technology and property businesses including Epern Telecom Co. Ltd., Beijing’s largest privately owned ISP
2- You have controlling stake in an ASX company since 2015, and you can always takeover the business anytime you like.
3- You and people who are part of your pool have not sold or bought any shares even when the share price has fluctuated so much in the last 8 years.
4- In an effort to appoint a family member to the BOD and treat the company as your personal property you feel resistance from the rest of the directors who have ran the business successfully, and their lives are connected to this business.
5- you make no effort to cooperate with them and act like they don't matter, and you replace them for family members and dummies.
Now, is that about money?
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