One of the largest outside investors in China Yuchai International Limited (NYSE:CYD) is pushing for changes in the holding company, whose main business is manufacturing of diesel engines. Shah Capital, which holds a 6.23 percent position in China Yuchai, is unsatisfied with the way the company is content with its under-priced market value.
Unleashing the Value of Guangxi Yuchai
In a letter to the company's directors, Shah Capital's CIO Himanshu Shah called China Yuchai's main subsidiary Guangxi Yuchai Machinery Company Limited not only a gem in China but also on a global-scale. China Yuchai owns a 76.4 percent stake in Guangxi Yuchai and Shah Capital is pushing the company...


