Noble China (NMO) on TSE. Chinese Brewery Stock Message Board

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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

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To: Crane who wrote (243)	7/18/2000 10:25:03 AM
From: Lee Matheson	Read Replies (1) of 248

It looks like the dividends are in jeoprody after all. Perhaps my initial concerns were valid. biz.yahoo.com Doing business in China is NOT easy. Zhaoqing Noble Brewery has been instructed by a Chinese court to retain RMB 28.9 million (approximately Can. $5.1 million) from any dividend payments to the owner of the 60% interest in the Brewery until that amount is paid in settlement of a judgment obtained from the same court by Li Chiu Cheun. This ruling impacts the dividends that were to go to Noble China. This is related to more questionable dealings by Lei Kat Cheong, Noble's former Chairman.

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