Gold-line statement

Zhongkun Group Chairman Huang nubo. Wen Hu Xuebai photo Iceland local time on November 25, Iceland aogemengdier・yuenasong, Minister of the Interior announced after the Cabinet meeting ended, Iceland Government decided not to grant China's private enterprises the zhongkun investment group to buy Iceland lands of special applications. Jonason said Iceland after careful research swtor power leveling, Ministry of the Interior found thatZhongkun group does not have the Iceland Government Tepi conditions it needs to purchase applications, therefore decided to reject his application. He said that Iceland case significance to the Government's decision, the Government will apply similar ruling in accordance with the case. Gjone breathe very adamant "is impossible to say Yes", "no matter how you look at the old republic power leveling, we are not allowed." He also stressed that this is the mostFinal decision, there is no further room for change. Zhongkun group earlier this year offered to buy Iceland gelimusitadier 75% ownership of 300 square kilometres of land in the Northeast for the development of eco-tourism project. The news came out, the western part was quoted a few opponents in vain, that investment project may indicate that China's strategic thinking and political interest. Zhongkun investmentGroup Chairman Huang nubo refuted this claim saying in a statement in August, the zhongkun Iceland land acquisition development investment is purely corporate behaviour, fully for commercial purposes, has nothing to do with political associations. "Some people want to provoke the zhongkun and Iceland's relationship to undermine this win-win investment. "Headquartered in Beijing the zhongkun group specializing in holiday business, had planned to spend 2Millions of dollars in Iceland tourism project, of which $ 8 million land acquisition, construction of the remaining funds for specific projects. Kun reactions in investment will consider investing in State political environment in Iceland purchased land for tourism development and investment is not approved, the zhongkun Group Chairman Huang nubo very unexpected. "The zhongkun travel to Iceland investments already Iceland before the invitation of the Government's investmentTo, Iceland President, the Prime Minister a welcome to zhongkun investment, later kept the zhongkun patching material, all the information people are optimistic, but did not expect was informed by the Ministry of the Interior refused this morning, it made me very unexpected. "Huang nubo, although very respected investment decisions, but he thinks the zhongkun investment rejected is Iceland different victim of partisan struggle. "IcelandThe Ministry of the Interior is one of the key reasons for the refusal to purchase must be made is a personal, and cannot be a company, at the same time, applicants in Iceland lived for 5 years. This engagement has never been in before we notice, on the contrary, Iceland asked us first in Iceland to register a company, and two-thirds members of the Board must be Iceland people. Reasons for rejected and now thisCommunication before the opposite. "It is understood that Iceland decision of the Ministry of the Interior in Iceland produced strong reactions, including Iceland, Prime Minister of many politicians questioned, while local farmers were disappointed. Huang nubo, even though Iceland's investment is not successful, nor does it change the zhongkun Nordic expansion of the strategic plan, "out of many opportunities, many countries are now the Greek Cypriot sideLook Chinese to invest, Denmark, and Sweden with zhongkun, many countries, such as engagement, we will choose a suitable time and suitable countries for expansion. But investment in the future, we should not only consider the economic environment, the natural environment, will also consider the political environment of the country. "(Beijing times) Gold-line statement: Gold-line reproduced above, does not indicate confirmed its descriptionAs described for investor use only and does not constitute investment advice. Investor actions accordingly, and at your own risk.