Was reading heg stuff too..... i don't think this brokershop sino have taken a stake.... rather they arranged a placement of 2.9 mills......... it's not sino gold it's a broker based in melb with offices in hk with connection to chinese and hk investors here and overseas by the looks.... took this from their website........
"Sino Strategic International Limited (“SSI”), a company listed on the Australian
Stock Exchange (“ASX”) since 1987, was a pioneer in developing and introducing
Chinese companies to the Australian equity market. The Company currently has three directly managed main businesses: investment banking and stock brokerage; Chinese herbal medicine; Gaming and Entertainment in China. These latter activities are conducted through China Entertainment Holdings Limited (“CEH”) a wholly owned subsidiary of SSI."
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