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Jahrules

Possibly the 1-millionth Pantheon thread viewer.
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Feb 3, 2019
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Yep. This was mentioned at the financial results call which I have a thread about.

One of the two zonghong board members stepped down. The other was asked to stay on based on personal merits (i.e. he has a lot of experience and everyone likes him)
 

GrandpaD

Curve Flattener.
Aug 3, 2017
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Yep. This was mentioned at the financial results call which I have a thread about.

One of the two zonghong board members stepped down. The other was asked to stay on based on personal merits (i.e. he has a lot of experience and everyone likes him)
I know you have a thread. While the board members situation was mentioned I didn't see a mention of the forfeiture of stock, which is newsworthy in itself.
 
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Jahrules

Possibly the 1-millionth Pantheon thread viewer.
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Feb 3, 2019
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Ah yeah. In my hurry I failed to mention it.. yeah zonghong stock in bgw that was given as collateral has been seized.
 

b.mac

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Funny that the entire deal was permitted to happen in the first place considering the group was under financial scrutiny in China before the deal happened. At least the deal didn't negatively affect SEAS, they dodged a bullet there.
 
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