In a North & South article titled ‘A Burning Question,’ Reporter George Driver asked SIRRL director Paul Taylor about links between SIRRL and the Chinese government; Taylor said, “They’re a large public company, so I’m not sure whether they’re linked.” China Tianying (CNTY) comprises 41% of South Island Resource Recovery Limited (SIRRL). CNTY also owns EUZY, which owns a further 19% of SIRRL.
This is hard to believe, considering Paul Taylor has been closely involved with CNTY on three previous Waste to Energy proposals.
Chinese government ownership
- CECEP Huayu Fund Management Co. Ltd
- China Asset Management Co. Ltd
Combined these two Chinese Government owned companies have a shareholding of over 10% of CNTY. More on CNTY below.