Ferretti, China-Komarek: war over governance
The Chinese Weichai Group has responded to concerns about its influence over Ferretti International Holding following comments regarding KKCG Maritime's partial voluntary public offering.
The Weichai Group, a Chinese company that holds a majority stake in Ferretti International Holding, has declared its intention to act in defense of its interests in response to media comments about KKCG Maritime's recent partial voluntary public offering initiated by Czech entrepreneur Karel Komarek. Ferretti's statement disputes claims that Weichai or FIH have hindered the company's growth initiatives, labeling them as 'factually incorrect and unfounded.' The Chinese group emphasizes that it exercises its shareholder rights through proper corporate governance channels and does not dictate management decisions unilaterally, underscoring the company's compliance with market regulations due to its public listing.