@Regran_ed from @savethebeesaustralia - On 10 December 2018 #CapilanoHoney was officially delisted from the Australian Stock Exchange. A private equity group specialising in China-focused agricultural exports has taken over Capilano Ltd and turned it into a private company. Why did the Chinese aligned consortium known as Wattle Hill RHC Fund 1 and ROC Capital Pty Ltd pay $200 million dollars for Capilano a make it a private company after the the 7.30 report / Fairfax media fake honey exposé and the competition watchdog ACCC’s investigation? Because Capilano Ltd will now make a fortune for its shareholders selling premium Australian honey to China and be free to operate without the ASX monitoring its corporate behaviour. It is clear that Wattle Hill's Mr Albert Tse is now calling the shots. The Chinese aligned consortium he heads up now owns Capilano Ltd. This includes apiary sites from Queensland to Western Australia. The company is transforming into a honey marketing vehicle focused on upper middle class Chinese customers who can’t get enough of our pure natural resources. "We want to create products with a higher margins” Mr Tse said. "Asian and Chinese consumers see this as a wellness product... and are therefore happy to pay a higher price for it. Ben McKee from Capilano Ltd has assured Chinese consumers that Capilano Ltd will only ever sell Australian honey to the Chinese but has not given a guarantee to Australian consumers that his company will not sell Australians honey blended with foreign honey. @colessupermarkets supermarkets have stopped selling imported blends however @woolworths_au is still selling blends riddled with imported honey. It is now more important than ever for Australians to buy honey from their local beekeeper direct. If you don’t already have a local legend supplying you honey use the honeymap to identify one and go and say g’day. #savethebees #beethecure https://www.instagram.com/p/Brhuup9l2b5/?utm_source=ig_tumblr_share&igshid=idujx9t440ah