Sino-Forest Corporation (SNOFF)

[Sibware]

Some Hope a Bidding War Would be Great:

Greenheart speaks:

Greenheart headcompany for sale

The Chinese company Sino Forest, largest shareholder of the country’s biggest timber concessionary Greenheart Group Ltd (GGL) is for sale on the international market.

Last year GGL became the biggest timber concessionaire in Suriname’s history with a total concession area of 403,000 hectares – making it even larger than Brunzeel’s holdings.

GGL has had its ups and downs on the international market including a scandal on the Toronto stock exchange involving Sino Forest. But now it appears that all problems have been solved; and whether the sale of Sino Forest goes through or not, the company will make a transition from a public to a private enterprise.

Spokesman for GGl, Tony Wood disclosed that there are large potential investors lining up to buy Sino Forest and its properties, including its shares in GGL.

http://www.devsur.com/?s=greenheart&search=Search

But,will the common shareholders get anything ???

Any Ihub investor interested? Anything over 1.6 Billion will be in the pockets of the shareholders. Weeeeeeeeeeeeeeeee !!!