Suzhou21 Jun 2022 20:49
Like many L.T.H.'s I too have read the posts for and against G.R.'s competence and management of Prem.
However the role of Suzhou appears to have been overlooked of late. It should not be forgotten that before a Chinese company commits to any investment a comprehensive due diligence exercise encompasses not just the past performance of the enterprise , nor their current financial standing ,nor their future prospects but also an intensive background check on the principal (s ) of the enterprise. This thorough research is crucial to Chinese decision making.
To lose face, through a poor investment, would bring such shameful embarrassment , the Chinese financial community would be unlikely to support them in any future investments.
I have every confidence that Suzhou's investment will prove to be an astute one and that we L.T.H.'s benefit accordingly.