Sino-Forest Corp Management Defend Themselves in Newspaper Interview
Top executives of Sino-Forest Corp. (TRE.TO), the besieged TSX-listed Chinese forestry firm that has lost more than $2 billion in market value in recent days, say they are "angry, stunned and frustrated" by the allegations against the company, the Globe and Mail said.
In an exclusive interview with The Globe and Mail marking their first public comments on the intensifying controversy, chief executive officer Allen Chan and chief financial officer David Horsley called accusations leveled by a U.S. short-seller and his research firm "false, unjustified and unfair."
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