I love when Bioamber shareholders drop me information in emails like the one I just read! I'm just not sure what sort of pump the general manager of LCY Chemical is making here?
In 2018, Ronghua spent hundreds of millions of yuan to buy BioAmber in Sarnia, Canada.
Mergers and acquisitions, start the first step of biochemistry With many years of experience in chemical manufacturing, Ronghua bought BioAmber and changed its name to "LCY Biosciences".
What exactly has PwC omitted here?? Because converting the amount they reported is no where near "hundreds of millions of yuan" for Sarnia. If the Purchaser is coming clean maybe PwC should take the stand and stop lying. Link below
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