I hope this doesn't turn into another Vegas scene, He needs protection immediately!
China's Huawei to sell undersea cable business, buyer's exchange filing shows
HONG KONG (Reuters) - China’s Huawei Technologies Co Ltd plans to sell its 51% stake in undersea telecommunications cable business Huawei Marine Systems Co Ltd, according to an exchange filing from the Chinese buyer on Monday. Hengtong Optic-Electric Co Ltd, an optical communication network products company based in Jiangsu province, said in the filing to the Shanghai Stock Exchange that it signed a letter of intent with Huawei Technologies subsidiary Huawei Tech Investment Co Ltd on May 31 to buy the stake via cash and share issuance. It did not mention a price. Huawei Technologies declined to provide immediate comment when contacted by Reuters. Trading of Hengtong Optic-Electric shares was suspended on Monday pending deal discussions.
The potential sale comes as Huawei Technologies’ main business of selling telecom network equipment and smartphones is under intense global scrutiny as the United States alleges its products pose a security risk. Huawei has denied the allegations. Last month, Huawei was slapped with a trade ban by the U.S. Commerce Department that threatens to significantly disrupt its supply chain, though it has since been given a temporary reprieve. In March, The Wall Street Journal cited U.S. security officials as saying that undersea cables built by Huawei could be vulnerable to espionage by the Chinese state, which the company denied. Huawei Marine, established in 2008 as a joint venture with Britain’s Global Marine, is mainly engaged in the construction of global undersea communications cables. According to Huawei Technology’s annual report, the tech giant gained majority voting rights on the board of Huawei Marine in August 2018 with Global Marine retaining a 49% non-controlling interest. Huawei Marine contributed revenue of 394 million yuan ($57.10 million) and logged a net profit of 115 million yuan in 2018, according to Huawei Technologies’ annual report.
https://www.reuters.com/article/us-huawei-tech-usa-cable/chinas-huawei-to-sell-undersea-cable-business-buyers-exchange-filing-shows-idUSKCN1T40BS?il=0
Hmm what are we carrying here? any context?
I remember seeing that post, didn't really consider much about though as I thought it just attention fagging. If it really was Comey, though, he must have been quite bent that he was ignored, kek
Do you have the url address?
Nice, thanks
Those were my thoughts as well, thinking it would have been a safer remote location than the DC swamp.
Anons, I have been thinking about the POTUS visit to England. 1st. Does anyone think that those protests that have been planned are overrated in terms of the participant level. 2nd. Could it also be that the protests heat to a level of creating dangerously unsafe security levels, therefore causing a 2 days early effect? Which would bring us to POTUS safe AF1'
Any thoughts?
I have a strong feeling with everything I have been reading, such as the Royal Family not going out of there way to make POTUS welcome, they won't be staying in the palace as well (renovations, was the reason given) so that puts them with the ambassador of US to the UK. The protests are projected at very high numbers this year as opposed to last year. Then we have this Declass..we are still waiting for here. He's due to be in France on the 6th for Day Ceremonies. These Q drops keep gnawing at me .. 2 days early which doesn't really say for what. POTUS will be safe on AF1.
So there's how I am seeing this play out.
This is great! Just like that depends on what your definition of is is!