China Technology Global Corp (fka CTGLF)

[montello2000]

...one of those which require the drastic order of Mareva orders. The 1st defendant...also had an American technical venture which resulted in their shares being traded in America, CTGC....it has the American shares which could have done better (this is part of the story about the defamation with the claim of the 1st defendant against the plaintiff and its auditors). These American shares are alleged to be worth some US$10 million, according to the affirmation of Fu Li, paragraph 24. So I do not believe that the financial position is a factor against the 1st defendant.

11/12/2006
(Parts of the ongoing case against Dichain Holdings and Di Fan (defendants) and Minsheng Bank.
I assume the American shares refered to are Dichains share and not the total shares held.