OTCPK:TOUBF - Post by User
Comment by
strelioffon Dec 17, 2011 7:37am
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Post# 19331459
Richard Chandler buys Li Ka-shing a jail cell
Richard Chandler buys Li Ka-shing a jail cellChandler knows Li Ka-shing is BOD private buyer and last resort bond defaulter.Time will tell if Li Ka-shing wants to protect his legacy or have a bigger public spanking than Chey Tae-won.In the process China Timber is too stupid for Richard Chandler not to expose hence CEF Holdings Ltd (joint venture of CIBC & Li Ka-shing Cheung Kong Holdings) and Simon Murray $300 million worth of shares structured under an equity line of credit and 1 billion warrants will trickle right down to a Glencore resignation.While Sino-Forest was in the spotlight everyone who comprehends Richard Chandler was too busy watching Hong Kong's largest environment/waste management company be created China Resources and Transportation Group Limited, formerly China Timber Resources Group Limited, is an investment holding company. The Company is engaged in forest operation and management, timber logging and trading, timber processing, sale of timber products, plantation and trading of seedlings, cold storage warehouse rental, property development and asset management. The Company operates in four segments: timber logging and trading, which is engaged in sales of timber logs from forest concession, tree plantation area and outside suppliers, and sales of seedlings; other timber operation, which is engaged in manufacture and sale of furniture and handicrafts and sales of refined tea oil; property development and asset management, and cold storage warehouse leasing, which is engaged in cold storage warehouse leasing.I expect a Richard Barton PR game plan includes outing CEF Holdings Ltd (joint venture of CIBC & Li Ka-shing Cheung Kong Holdings) That will trickle to Glencore via $300 million worth of shares structured under an equity line of credit and 1 billion warrants and directly back to this General Anti-Avoidance RulingThe Supreme Court of Canada has ruled against Li Ka-Shing and his son Victor Li in an important tax case that sheds light on when the government can invoke a powerful provision of the income tax act called the General Anti-Avoidance Rule or GAAR.https://www.canada.com/business/fp/Supreme+Court+clamps+down+loopholes/5872706/story.htmlThis event did not happen overnight and had the blessing of many who have not slept well since Richard Chandler help sent Chey Tae-won to jail…