Jayhawk Capital Management, L.L.C.
Tack Fat (0928) files proceedings in Cayman Islands against "Dissenting Shareholders"
Company announcement, 20-Oct-2010
This begs the question - what is the point of allowing shareholders to vote on a restructuring if the company or its liquidators are going to sue investors who vote against? The company now wants those votes to be declared invalid. We guess that the two investors are Sansar Capital Management LLC and Jayhawk Capital Management LLC. We see no reason why their votes should be invalid.
Company announcement, 20-Oct-2010
This begs the question - what is the point of allowing shareholders to vote on a restructuring if the company or its liquidators are going to sue investors who vote against? The company now wants those votes to be declared invalid. We guess that the two investors are Sansar Capital Management LLC and Jayhawk Capital Management LLC. We see no reason why their votes should be invalid.
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