Members of Kibbutz Hanita near Israel’s northern border are demanding $11 million from Ballet Vision, the Chinese fund that controls 80% of the Hanita Lenses plant, accusing it of refusing to exercise an option to purchase the kibbutz’s remaining shares, according to a lawsuit filed in Tel Aviv District Court.
In a response letter attached to the lawsuit, the Chinese fund said that since the outbreak of the war in Israel, Beijing has classified Israel as a “high-risk area” and imposed a ban on any new Chinese investments in the country, making it impossible to carry out the option.
According to the lawsuit, in 2021 the kibbutz sold 74% of Hanita Lenses, which manufactures intraocular lenses for medical use, to Ballet Vision for $35 million. Of that sum, $25 million was paid to kibbutz members, with an additional $10 million injected into the company.
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If you’re not Canadian why would I care what you think or do, and why would I waste energy on a discussion that is personally insulting?
Oh yeah you’re a real decent human.
And he’s still going
No u
Remember when you said you were done?
You’re the one that keeping replying bro.
That’s why I hate liberals they only care about their own personal freedoms and private property.
I’m only respond in the properly tone of your smugness debatelord.