Ann: WNI: Acceptances of Wah Nam's Australia&, page-6

re: Ann: WNI: Acceptances of Wah Nam's Au... ASIC is really opening itself up for trouble down the track.

The BRM takeover will send a strong signal to O/S companies that Australian resource companies are up for grabs, they can be taken over for no worthwhile consideration if you set up a network of associates to warehouse the shares in contravention of regulations. The Australian regulators will
do nothing to stop this occurring.