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Alias Born 10/30/2005

Re: None

Friday, 11/10/2006 12:50:59 PM

Friday, November 10, 2006 12:50:59 PM

Post# of 7974
http://www.pearloriental.com/upload/product/2006%20Annual%20Report%20-%20Eng.pdf

Check out page 83 of the pear oriental annual report. a quick estimate gives me the idea that pearl owns about 20mio shares in CTGLF. Or a I mistaking?

12,4 mio HK$ = more or less 1,6 mioUSD valued around 0,075 is plus minus 22mio shares... about 5-6 % of total? Who owns the rest?

For the rest pearl doesn't seem to see CTGLF as core business. So at first sight they will not keep their shares.

Regards, A

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