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Sino-Forest Corporation
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Sino-Forest Corporation : ウィキペディア英語版
Sino-Forest Corporation
:''Not to be confused with China Forestry Holdings Ltd.〔(China Forestry Holdings Co. Ltd. Hong Kong website )〕 (HK:0930)〔(Reuters China Forestry Holdings Co. Ltd. 0930.hk) )〕 and PRC state-owned China Forestry Group Corporation (CFGC)〔(State owned China Forestry Group Corporation (CFGC) website )〕''
Sino-Forest Corporation (Sino-Forest) () () claims to be one of the leading commercial forest plantation operators in the People's Republic of China. In 2011 the company was accused of fraud and is being investigated by the Royal Canadian Mounted Police and the Ontario Securities Commission. On March 30, 2012 Sino-Forest filed for bankruptcy protection in Canada. It also announced that the company would be sold or restructured, with the proceeds going to its creditors.
== History ==
Formed in 1994, its principal businesses are claimed to include the ownership and management of tree plantations and complementary manufacturing of downstream engineered-wood products. The company claims to derive most of its revenue from the sales of wood fibre needed to produce industrial, commercial and residential wood products. Sino-Forest also holds a majority interest in Omnicorp Limited, an investment holding company listed in Hong Kong (HK:0094) that claims to import wood fibre into China. Sino-Forest’s common shares have traded on the Toronto Stock Exchange under the symbol TRE since 1995 and its corporate office is in Mississauga, Canada. Sino-Forest had a market capitalization of just over $5 billion in November 2010.
As of September 30, 2009, Sino-Forest claims to have had approximately 757,000 hectares of trees under management and over 700,000 hectares of trees available to be acquired under its six long-term master agreements. The company intends to replant 200,000 hectares by 2012.
The company claims that it expects to benefit from China's economic stimulus plan which includes further infrastructure development, rebuilding after Sichuan's 2008 earthquake and building of affordable housing for rural areas.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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