On 10/05/07, [EMAIL PROTECTED] <[EMAIL PROTECTED]> wrote:

> Hmmm. Gave it more thought. If they  are banned from seeking outside
> investment until the time frame with Hoya runs  out, it could be a sneaky 
> underhanded
> move. That selling a building is the ONLY  way they can bring in extra money
> at this time. As selling real estate is not  viewed as outside investment.
>
> Because the big thing that has been  puzzling me all along is, it takes a
> while to sell real estate. And I found it  puzzling from the beginning that 
> they
> thought they could do it quickly. (I am  presuming selling HQ means they own a
> building, that might be quite pricey if it  is in downtown Tokyo.)
>
> Which mean they have a buyer or buyers already  lined up. The deal is already
> done except for the paperwork. Which would mean  they are in essence,
> laundering money, to get around the ban. Legally.
>
> What do you think of that scenario?

There is nothing underhanded or illegal about what they are proposing.
If they own the building and wish to liquidate it that's their
business, it's irrelevant to the Hoya merger deal.

-- 
Rob Studdert
HURSTVILLE AUSTRALIA
Tel +61-2-9554-4110 UTC(GMT) +10 Hours
[EMAIL PROTECTED]
http://picasaweb.google.com/distudio/PESO
http://home.swiftdsl.com.au/~distudio//publications/
Pentax user since 1986, PDMLer since 1998

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