Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

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.

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Westaim Corp

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Comment by ChiChi3on Dec 11, 2008 10:03am

569 Views

Post# 15639811

RE: RE: RE: RE: RE: Free Money Giveaway!

Thanks Enjoytheride.

I agree, Goodwood (and K2 also) are looking to take control, or at least influence significantly, the board's decisions. I'm sure their direction is to close the company and distribute the cash. I wonder if the recent decision to try to force NCST to distribute cash was whispered by Goodwood/K2...

Chi.

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