In a hint at legal action against the accusing website, the company added it “reserves the right to take whatever actions necessary in response to any further efforts to defame the company and victimise SinoTech's shareholders”.
SinoTech blasts 'mercenary' allegations
Chinese oil services newcomer SinoTech Energy is being held to account by the Nasdaq bourse after its shares were suspended over what it terms “blatantly self-interested” and “mercenary” allegations leveled at it by a website.
19 August 2011 12:49 GMT
Updated
19 August 2011 12:49 GMT
By