GSH

GSH: The MOI previously signed in Jan for the proposed joint planning and development of the Longhai-Singapore Marine Eco-City project in Nanxi Wan New City Dongyuan Sector in Fujian Province, China, has expired on 6 Oct 2013, after a change in the Longhai City government. GSH is currently reviewing the terms of negotiation with the new local government, and will keep shareholders updated should there be any changes. According to latest Bloomberg filings, Sam Goi owns a majority 46.5% stake in GSH.