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Longwei Petroleum Investment Holding Limited Message Board

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  • rru2s rru2s Sep 15, 2011 3:34 PM Flag

    Shanxi Jiatong Chemicals owns Haujie Petroleum

    Very interesting post from Morepaveway above. Essentially, LPH supposedly doesn't have big competitors, yet someone tried to sell 2/3 of another local oil wholesaler in Taiyuan which happens to have distribution centers in Guajio and Taiyuan.

    At this point I'm really hoping to see more due diligence on the seller to prove that there are no third party relationships between the seller and LPH outside of the transaction itself.

 
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