From: David Stern
To: Jeffrey Epstein <jeevacation@gmail.com>
Subject: VOC
Date: Wed, 17 Aug 2011 13:17:41 +0000
Attachments: 2010-Annual-Reprt.pdf; Vision-Opportunity-China-Fund-Limited-Unaudited-Interim-
Report-Consolidated-Financial-Statements-31-March-2011-printed-version-Doc-208533-
v2.pdf; VOC-NAV-Update-08-12-11.pdf; Announcement_12_August_2011.pdf
I have been following this company (no special insights) because I thought we can kick out management and
take them over:
Vision China Opportunity Fund,
UK listed and managed out of NYC by Americans.
What I can tell totally mismanaged, but could be good platform if Chinese people were involved....
Today share price collapsed another 44%.
Market Cap: US$ 21.55 million
NAV: US$ 45.28 million (16 August 2011)
Cash on their books
What am I missing?
Significant Shareholders
Significant Shareholder # Shares Held % Holding
City of London Investment Management Limited 18,566,332 28.44
Baillie Gifford & Co 11,185,600 17.13
Tiberius Investments & Capital (Jersey) Limited 7,187,845 11.01
QVT Financial LP 6,425,000 9.84
FIL Limited 3,607,900 5.53
Glenmede Trust Company/PCT Partners LLC 2,250,000 3.45
The information in the above table was correct as at 12 August 2011.
EFTA00640389