excerpt from the afr ..., page-13

Uhhh... GHG should hold 18.9% since 2010 !!

"In addition, in 2010 Kagara Ltd entered a strategic alliance with Guangxin Holding Group (GHG), which holds an 18.9% stake in the company. The alliance is expected to deliver a range of mutually attractive opportunities and provide Kagara Ltd with strong potential to access development capital from offshore"

http://www.kagara.com.au/irm/ShowStaticCategory.aspx?CategoryID=214&HideTopLine=True&masterpage=3

Could GHG not have helped financially KZL?