"Mr Han [new board member] has extensive business interests in China and is Chairman Of White Horse Australia Holdings Pty Ltd, which has recently become a top 20 Padbury shareholder."
according to asic it looks like this entity was setup not that long after the Chinese delegation visit, and only a couple of weeks after pdy's DTR data was released..
lets hope the White Horse is carrying a White Knight in the saddle...
---- Extracted from ASIC's database on 20/12/2011 Name WHITE HORSE (AUSTRALIA) HOLDINGS PTY LIMITED ACN 152 242 610 ABN 40 152 242 610
Type Australian Proprietary Company, Limited By Shares Registration Date 22/07/2011 Next Review Date 22/07/2012 Status Registered Locality of Registered Office Sydney NSW 2000 Jurisdiction Australian Securities & Investments Commission
PDY Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
