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Re: KaOsiris post# 29617

Tuesday, 06/02/2015 8:52:21 AM

Tuesday, June 02, 2015 8:52:21 AM

Post# of 41703
Does anyone understand or can explain the convoluted / complex relationship between GTAT and GTHK. I believe that it has to do with maintaining GTHK's Chinese corporate status and not run afoul of US tax code. This was always a topic of discussion and one reason that all key management had to be in HK or Shanghai as all decisions had to be local. It was felt that if key decisions were made by a manager in the US that GTHK was really a puppet.
Just curious as these fund transfers seem large and delayed in taking place.

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