WSHLY
It's time for a new private offer.
If he gives $0.10 a share (previous offer was $ 3.20) it will cost him less than $500.000 and that's nothing for him.
Shares Outstanding: 20.44M
Float: 4.96M
shareholders:
CEO Longhua Piao holds a (majority) 50.9% of the O/S, or 10.4 million shares.
UMW Holdings maintains a 4.6 million share position in wshly, which is 22.5% of the O/S.
Mr. Longhua Piao is Chairman & Chief Executive Officer at WSP Holdings Ltd., Chief Executive Officer & Director at WSP China, and a Director at Eastar Industries, Inc.
He is on the Board of Directors at WSP China, Expert Master Holdings Ltd., Lianyungang Eastar Photonics Technologies Co., Ltd., Regalia Holdings & Investments Public Ltd., WSP Canada Ltd., Wuxi Huayi Investment Co. Ltd., Wuxi Longhua Steel Pipes Co. Ltd., WSP Pipe LLC, and WS Mining Industry Holding Ltd.
The 400 Richest Chinese
#260 Piao Longhua
Net Worth: $250 million
Age: 50 Company: WSP Holdings
Industry: Manufacturing
City: Wuxi
