Members of Kibbutz Hanita near Israel’s northern border are demanding $11 million from Ballet Vision, the Chinese fund that controls 80% of the Hanita Lenses plant, accusing it of refusing to exercise an option to purchase the kibbutz’s remaining shares, according to a lawsuit filed in Tel Aviv District Court.
In a response letter attached to the lawsuit, the Chinese fund said that since the outbreak of the war in Israel, Beijing has classified Israel as a “high-risk area” and imposed a ban on any new Chinese investments in the country, making it impossible to carry out the option.
According to the lawsuit, in 2021 the kibbutz sold 74% of Hanita Lenses, which manufactures intraocular lenses for medical use, to Ballet Vision for $35 million. Of that sum, $25 million was paid to kibbutz members, with an additional $10 million injected into the company.
Well I’ll be honest you seem like the only one I can actually having a constructive discussion with, and I urge you to read some of the other replies to me that have insulted my family, suggested I’m a fascist apologist, or even told me to kill myself.
I don’t believe I’ve gone anywhere near that with any of my responses.
I hope you can understand that I’m not really seeing any upside to this anymore.
If you had actually maintained a sense of honesty when reading and replying to the original comments, then it likely wouldn’t have spiraled into this. I can empathize with you feeling attacked, but from the onset you weren’t interested in good-faith discussion based on how you read my comment and refused to accept any clarification.