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Sino-Forest increases stake in Omnicorp (0094); Asia Resources Fund subscribes convertible note
Company announcement, 22-Jun-2010
The CN Subscriber is named as Greater Sino Holdings Ltd but this is in fact a shell owned by Asia Resources Fund Ltd (ARF), which is managed by a subsidiary of General Enterprise Management Services Ltd (GEMS), which is led by Simon Murray, an INED of Sino-Forest. The Development Bank of Japan owns 46.5% of ARF, and GEMS owns 23.3%.
Organisations
- Asia Resources Fund Limited
- Development Bank of Japan Inc.
- Greenheart Group Limited 綠心集團有限公司
- Sino-Forest Corporation
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