State Trading Companies Will Triple The U.s. Suspension Of Reorganization Of The Commission Of

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Recombination event again become suddenly troubled

. Tomorrow (July 28, 2008) was originally suspended for several days to triple trading company hold a shareholder meeting to consider the new board and management restructuring of the day, but yesterday (July 26, 2008) 17:00, Gome emergency held a news conference, President Chen Xiao said China has decided to withdraw the United States a new round of triple Trading Company Board of Directors the nomination of candidates, and make it clear that the complaint will be turned over to the SFC materials, ask for is the original major shareholders

Sanlian Group

Responsibilities against the interests of shareholders. This means that short-term triple Gome will suspend trading company restructuring.

White intends to temporarily "bathing"
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In February this year, the country with 537 million U.S. competition was triple trading company 27 million shares (cost 19.9 yuan per share), the total share capital of 10.69%, becoming the largest shareholder. Triple the original shareholders of the company's largest group was forced to auction for debt disputes after the above options, become the second largest shareholder. Surprise is that shortly thereafter, triple Group will triple the hands of the remaining 2276 shares trading company shares (9.02% of total share capital) again for auction, but the three auction three Liupai (most recently on June 17), here, Obviously the biggest damage to the country's largest shareholders, the United States, involved in the broader market factors and equity repeated repeatedly beat yellow, triple trading company stock all the way down, one day before the suspension has been dropped to 10.97 yuan per share. States United States the book alone has reached more than 240 million yuan loss. More importantly, because the next triple trading company shareholders may change, the country plans to re triple the U.S. idea of trading companies have been unable to achieve.

Prior to this, the country entered the United States had intended to Triple trading companies. June 27 shareholder meeting to consider the triple major trading company's board and management restructuring. Trading companies in the previous triple-baked list of board candidates, in addition to the U.S. nominating the country's seven candidates nominated five people have triple and 100 cultural groups will be jointly nominated by the two people compete for seven board seats. But since June 17 Liupai triple trading company stock once again, the U.S. decided to lift the country the seventh triple trading company board of directors and supervisors of candidates. Gome president Chen Xiao said, "States United States the ability and patience to wait for the right time to consider restructuring the board."

Then re left "three Mishaps"

In fact, possible loss of the country the United States not only is this 240 million yuan.

2001 by Shandong Sanlian Group "Zhengbaiwen" listing, it was important to the Zhengbaiwen assets, debt restructuring. And in August 2003 to formally change the company name listed as the "triple trading company." Xiao-directed triple trading company reorganization has three Mishap. First, the triple trading company is only nine directly managed stores, of which four are leased properties triple group, there are four this year by the end of June will be closed down, while the listed company to have only the right to use the brand chain stores, and are not exclusive . Secondly, the procurement, placement, information platform, service and other core assets are not injected into the listed company trading companies in the triple, triple still controlled by the Group. In addition, Shandong Sanlian Group backdoor, the existence of illegal use of security and other issues listed companies. Industry analysis, the large amount of money the United States acquired the country, it may only buy a "shell."

Requested the SFC to investigate the responsibility Sanlian Group
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CHEN Xiao said China has been preparing the U.S. handed over the complaint to the SFC materials, held a large femoral triple the original shareholders of the Group against liability, require re-audit of triple Group. He said the United States in a few months the country has a number of initiatives to communicate with the triple group, but did not get a clear answer.

In fact, the April 28, 2008, the CSRC has been on the triple group and the triple trading company executives issued a penalty notice, due to triple triple Trading Company Group and the large association between the illegal money transactions, The lack of an external timely announcement of the triple group imposed a fine of four hundred thousand yuan.

State Trading Companies Will Triple The U.s. Suspension Of Reorganization Of The Commission Of

By: erenber

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