I guess it is the same term that Sino requested from MMX that delayed the takeover.
When MMX proposed a merge with Midwest last year. Sino wanted something that MMX refused to give and the merge didn't went thru and then Sino took 98% of Midwest. I am pretty sure that the same request from Sino is the main reason of the delay of the proportional takeover now and is not the CHM case so much.
I remembered MMX directors flew to China last year to have a discussion with Sino about the merge with Midwest and it didn't went thru because of a term and condition. But there was no feedback as to what Sino wanting or requesting were published to the sharesholders during that time.
I'm wondering what Sino want MMX to give in? I m suspecting....
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