YONG, a China-based company and listed at Nasdaq has received an offer from its chairman to privatize the company at US$6.60 a share. The stock is presently traded at around the $5.50 level.
Here is an opportunity to make a 20% profit within a short period of maybe 3 months. In my opinion, this is low risk and high reward.
Many China-based companies are going private because of their low market value.
If you are interested in these companies, click here: http://seekingalpha.com/article/925621-6-china-stocks-going-private-since-september-2012
