Tuesday, October 29, 2013

Guangzhao Industrial Forest

Guangzhao Industrial Forest: has been under judicial mgt and suspended since Sep ’11. The co has received notice from the Exchange for its shares to be delisted. The Exchange will grant the company an extension of time for the co to make a reasonable exit offer to shareholders until 31 Oct ’13, but having regard to the financial position of the co, it is highly unlikely that any return will be derived by shareholders.

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