Saturday, July 22, 2017 2:10:42 AM
I still think a buy-out could be in the works. And Global Assets Management (Hong Kong) Limited could be a vehicle to get the money out of China (if they are having trouble with that).
The 3 new directors could be shareholders, representing more than 50% of the float. Which they may need for some reason (to approve a deal).
What else could it be. The other option is that parent does not agree to a buy-out. And so, now the company will be spending $300M in China on movies and projects in Africa. LOL.
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