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.
Incredible for the “fighting back against fascism is evil” guy to be calling anyone else naive
You clearly misunderstood what I said.
My family fought and one of them died fighting fascists, I despise them and would gladly rejoin the military to do so, even though I’m almost at the age cap.
How’s your history in this regard?
Oh, so you “have decided that you have the moral clarity to decide who gets attacked in the name of anti-imperialism.” then?