very exciting development
https://www.nzx.com/announcements/309766
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very exciting development
https://www.nzx.com/announcements/309766
The last thing NZ needs as a country is more acquisition from China IMO.
"Ms Chen is the Investment Director of the Corporate Development Department at China Resources Enterprise, Limited, with responsibility for M&A initiation and execution in the Asia Pacific region."
Disc. Minor holding.
Or anyone else for that matter.
http://www.nzherald.co.nz/business/n...ectid=11940047
Another one gone. I remember hearing a talk by someone who said Kiwi's have the Triple B Syndrome, or something like that.....Beach house, Boat and Beamer. No drive to go on and create truly great and big companies for NZ. No matter how they dress these losses to NZ up, overseas share holders are always going to get the cream, even if employment does stay in NZ.
NZ ends up being poorer. And we're led from the top with the government selling our power stations.
CRE' s food division is one of the largest Chinese foodstuff suppliers in Hong Kong expanding its presence in the China market by relying on the “五豐 Ng Fung” brand' s reputation in China. ( ng fung is the owner of shares in scales )
there food division ( fruit and veges) is mainly represented in Guangdong and Fujian provinces.
A seat on the board usually offers more insight into a company for a large shareholder ..... so watch da space
Ng Fung will set the price and to whom we will sell if they take control.
Making their profit in China..