YaSheng Group (HERB)

[RealDutch]

When HERB was still very much "alive", they were touting international expansion. Probably no more, due to all of the bad experiences in the US, if it is up to parent. HERB (the US part) is practically dissolved already.

Before the asset swap, the company (swapped in assets, AKA 5 plantations) was paying dividends to parent. ALL of it. Every year.

Parent = Gansu provincial government. Or local government. Whatever.

So if there are no more expansion plans (does anyone see any? LOL) then why should the plantations hold on to all that money? Parent wants it. That's what they are used to (getting it). They may need it. But they can't receive dividends without giving us our fair share.

So what happens if they go dark? Parent doesn't get paid. We don't get paid. And the pile of money stuck at the plantations will get bigger and bigger. $150M every year. And it will become increasingly costly to buy out the minority shareholders.