In this article
Real Gold Mining (0246): more pledges revealed
Company announcement, 23-May-2013
Real Gold claims that the borrower, Huizhou Qiaoxing Telecom Industry Co, Ltd, is 90% owned by an "independent third party" and only 5.15% by Mr Wu Ruilin, Real Gold's substantial shareholder. But Qiaoxing Telecom was Mr Wu's original corded phone maker back in 1992 and was once owned by his US-listed firm, Qiao Xing Universal Resources Inc, which was deregistered by the SEC in 2012. Qiao Xing Telecom was sold to Dragon Fu Investment Ltd, purportedly an independent third party, on 30-Nov-2009. The announcement doesn't mention whether Wu Hong You is related to Wu Ruilin.
Organisations
- Qiao Xing Mobile Communication Co. Ltd.
- Qiao Xing Universal Resources, Inc. 僑興環球資源有限公司
- REAL GOLD MINING LIMITED 瑞金礦業有限公司
People
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy