Yes, Treehugger, that is the information I've got, the Sino-Panel (Beihai) is put up for sale at a tremendous loss, and the land is very much sought out NOW, as reported by People.com.cn just a couple days ago.

 

I guess, because the Note-holders is behind the wheel, and they might be satisfied with their $1.8 billion back, they don't care that much what the assets are really worth.

 

Because if the Note-holders dig deeper about the assets value, the bankruptcy and even the fraud itself might not be the truth, and the Note-holders will be illegal to get the whole assets now, things might become more complicated that they want.

 

Therefore, Note-holders would rather choose to get the $1.8 billion and leave, by doing so, they can also make good relationships with some powerful men.