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Pöyry releases Sino-Forest valuation reports

Photo: SXC
Photo: SXC
Published by
Steven Anderson - 08 Jun 2011

Sino-Forest Corporation released recently summary reports about the yearly China forest asset valuation conducted by Pöyry (Beijing) Consulting Company Limited ("Pöyry"), an international forestry consulting firm.

In 2010, Pöyry’s Management Consulting Business Group changed its disclosure policy relating to valuation services following Pöyry’s determination that the associated liability risk could not be effectively excluded or limited. Therefore, Pöyry’s full valuation reports conducted on behalf of all its clients, including Sino-Forest, are no longer available in its clients’ public domain. Pöyry is willing to provide summaries of the December 2010 valuation reports (the "Summary Reports") to Sino-Forest’s stakeholders, conditional on recipients accepting certain terms and conditions prior to accessing such Summary Reports.