Maintain BUY and TP of HKD1.00. Accumulate on any share-price weakness.
China LotSynergy confirmed to us the 117m shares sale on 7 Jan 2014 was not from management.
The disposal was by Chan Shing, ex-husband of the chairlady. Mr Chan was not part of management and now owns less than1% stake. Management told us it has no plans to sell shares.
Maintain BUY and TP of HKD1.00. Accumulate on any share-price weakness.
China LotSynergy confirmed to us the 117m shares sale on 7 Jan 2014 was not from management.
The disposal was by Chan Shing, ex-husband of the chairlady. Mr Chan was not part of management and now owns less than1% stake. Management told us it has no plans to sell shares.
