GREY:MAAFF - Post by User
Comment by
hkaasknownon Oct 14, 2009 9:02pm
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Post# 16388802
RE: Re: Bank of China
RE: Re: Bank of ChinaI don't see how ROC can directly delay the deal, as sinohydro is "only" buying MAA shares, and nothing else. I can see however sinohydro asking for more concreate assurance - likey PIA being ratified by the parliament, or asking to get a piece of action - the plant construction. ROC not only gets 10% for doing nothing, but they also get other royalties (port fee and etc).
Don't you hate it when someone says others don't know squat, but doesn't prove he/she knows any better.