SDL sundance resources limited

Questions for AGM??, page-8

  1. 23,841 Posts.
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    another question could be....

    >given what we now know about Mr Lui Han and his history....does the CO beleive they carried out best practice due dilligence on Mr Han and his company prior to entering into a highly conditional SIA, one of the main conditions of which prevented SDL for a significant period of time from soliciting alternate offers?

    >Furthermore why did the board persisit with this highly conditional SIA for so long after repeated non delivery on key conditions pertaining to finance, and discovery of insider trading by one of its top executives?

    would it not have been prudent to abandon the Hanlong SIA and allow SDL the freedom to re-engage with the other "interested parties" back in late 2011 given the uncertainty and questionable corporate governance displayed by Hanlong during this time?
 
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