"Is the plan to sell up the Chinese factory when the US factory is up and running?Bookmark and Share"
No, there has been no comment to that effect and I would be surprised if it happened. Loretta who runs the show is Chinese and very supportive of her staff and her country. Manufacturing in China does seem to be becoming a lot harder but I think she would be reluctant to pull out of there.
I can't see her selling the China property but I still think shareholders are entitled to see it in the books at its market value particularly after what we saw with the Hong Kong property.
GPASAS
mhi appendix 4e - 31 march 2014, page-5
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