Finally, the Chinese ownership group

Friday, October 2, 2020
Finally, the Chinese ownership group

Finally, the Chinese ownership group sent a letter two weeks ago to each of the Rada’s 423 members asking that they conduct a parliamentary inquiry into ‘state raiding’ in the case. The Chinese say they invested $1 billion for the company only to encounter envoys from Ukraine’s ‘leadership’ demanding a portion of shares and $100 million in return for permission to exercise ownership rights. Wang Jing, a key shareholder of Skyrizon, says in a video message: “To gain a greater market share in the world’s largest, fastest growing Chinese market, to gain a stronger position in it and gain development prospects, a company must formulate and implement a strategic medium and long-term development plan.”

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