the "offer" referred to another chinese cement compny, CRJI, which made an offer to take back the shares at a very low level and delist it afterwards.
The rumour is that the same may happen to CSGJ and afterwards both companies will be merged an perhaps be newly listed in HK or elsewhere.
However the situation is not the same with CSGJ, as there is an identified shareholderbase of more than 5% which makes it impossible to delist if the present shareholders do not accept the offer.
The value of CSGJ should be much higher than the present value (read old posts), however management has ceased to communicate with public since summer.
So the question is wether we will recieve an offer as well (and hopefully not accept it if to low), CSGJ remains dark or eventually will return filing if their matters in Government negotiations and auditing will be settled.
Since the CEO still holds the majority of the company I continue to believe that some time from now CSGJ will look for a solution to revive the listing.
I will hold on my shares
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