PPRuNe Forums - View Single Post - Qatar buys stake in Cathay
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Old 6th Nov 2017, 01:05
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azhkman
 
Join Date: Mar 2015
Location: Hong Kong
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Wow, that's pretty interesting. The board meetings should be really interesting after this deal closes. SWIRE, Air China, Qatar, all would seem to have a separate interest in how to pillage earnings and dividends from Cathay. Unless ~318k shares does not buy you a board seat.

Or, tin foil hat theory:
Qatar, as a country, has some of RMB bonds issued to pay for the World Cup Stadiums and a license to buy Chinese financial instruments directly within China (it is a rarely issued license); so as a favor back to China, QR buys shares of CX and promises to vote in line with the China-linked & Air China board seats from now on.
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