Chen, Brian Wen Suei
China Treasure's Love for Yanion
Yesterday we told you how Yanion had blown over $400m on a series of questionable acquisitions from "independent third parties". Now we'll show you how China Treasure Greater China Investments, floated last year and with no disclosed links to Yanion, has thrown 58% of its net assets into shares of Yanion and two of its subsidiaries, without any announcements or shareholder approvals. (24-Jun-2003)
Yesterday we told you how Yanion had blown over $400m on a series of questionable acquisitions from "independent third parties". Now we'll show you how China Treasure Greater China Investments, floated last year and with no disclosed links to Yanion, has thrown 58% of its net assets into shares of Yanion and two of its subsidiaries, without any announcements or shareholder approvals. (24-Jun-2003)
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy