PPRuNe Forums - View Single Post - No need for concessions
View Single Post
Old 9th Jun 2020, 11:25
  #37 (permalink)  
hyg
 
Join Date: Oct 2007
Location: hong kong
Posts: 172
Received 2 Likes on 1 Post
Originally Posted by cxorcist
It’s a big, public loan that comes with board oversight. On its face, no big deal. What I’m wondering is how involved the Mainland ChiComs are in this move... They own 30% of CX and, well, 100% of Carrie Lam!
swire is done with cx.... on its face, they are still the majority shareholder, but with 2 'party nominated secretaries' watching, if those 2 decided to provide "opinion" in board meetings, do you think the Swire management will dare to say no?

This will probably also mark the end to any kind of industrial action, regardless of group, the Government has specifically said they will 'speak out' when it involves 'public interest', so anything that would disrupt travel, that's it....
hyg is online now