Chinese buyer snaps up almost 20% of Powerhouse Ventures
NBR reveals the seller as more shares come off escrow today.
Calida Stuart-Menteath Fri, 12 Oct 2018
A large chunk of Powerhouse Ventures shares has been swallowed up by a Chinese buyer.
United World Group Pty, controlled by Hong Wang, has bought 19.17% of Powerhouse shares, an initial substantial holding notice to the ASX on October 5 shows.
This equates to 5.5 million shares, which were
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