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Westaim Corp V.WED

Alternate Symbol(s):  WEDXD

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by amp7on Jan 31, 2007 9:28am
614 Views
Post# 12129704

RE: Doing Business in China

RE: Doing Business in ChinaKey in ‘China unrest’ in Google and you get quite a few stories on how unrest is increasing every year. While I don’t dispute the potential financial benefits of selling goods to the increasingly large middle class in China, I wonder how the growing unrest will resolve itself under communist rule. What impact would a possibly abrupt and less than peaceful resolution have on small companies like Westaim doing business there? Assuming Ifire ends up on store shelves, I sometimes question whether or not our investments would not be better served by keeping production in geographical locations with a more democratic style of government and a proven respect for patents. I certainly hope that if Westaim does business in China, it will be via a partner with very deep pockets, many other financial interest there, and one who is not limited to China when it comes to production and distribution.
Bullboard Posts