Perennial China Retail Trust

[Lancelot]

Hello GG,
He said during coffee chat with SHs, Nan Fung would sell all their stake even if they chose to convert the balance ,because it didn't fit into their investment strategy for holding 3 or 4 %.
I don't quite understand why he said NF got not mandate to invest outside HK and China when NF had already invested in PCRT and Forterra ? ( What he actually mean ?)
He even said he asked NF if they wanted to sell their holding , he can get someone to buy over from NF , but NF instead chose to sell in open market.

CEO was correct to say NF would sell all but on the statement of getting someone to take over their stake was confusing.