Everbright Securities Transfer Everbright Baode or for foreign shareholders

Source: Internet
Author: User
Keywords Equity shareholder Everbright foreign
NetEase Finance August 19 News fund company shares were resold, another company shares waiting to be sold.  Everbright Securities listed today to sell its fund company Everbright Baode 12% of the equity, listing price of 330 million yuan, the transfer of the first major shareholder Everbright Securities. Analysts pointed out that, according to the current listing price and premium level, may be determined by the assignee, not excluding everbright securities transfer of shares to its foreign shareholders Baode letter.  It is reported that the foreign shareholder Baode Trust Investment Management Co., Ltd. (hereinafter referred to as Pramerica) has been seeking to increase in the Everbright Baode Trust Company's shares.  The proposed threshold is not low today announced the listing information, Everbright Pramerica Fund 12% listed transfer, listing price of 330 million yuan, the transfer party for the first major shareholder Everbright Securities. Everbright Securities set up a number of standards for the intended transfer of objects.  According to the listing information, the registered capital of the object to be transferred is not less than 2 billion yuan; net assets at the end of last year were not less than 6 billion yuan; the last 3 consecutive fiscal years were profitable; In addition, the intent of the assignee should be listed companies or subsidiaries of listed companies, and listed companies on December 31, 2009 at least 30 billion yuan in market value.  Does not accept the Joint assignee or anonymous delegate way to participate in the lifting of the card.  The listing does not set a specific expiry date.  Will the foreign shareholders take the stock? "The price of this transfer is not low," Guotai Fund analyst Wu Tianyu to NetEase Finance and economics pointed out that according to the international way of valuation, the equity value of the fund company should be about 7% of the size of the public offering assets, that is, price (prices)/aum (Management asset scale) ratio of 7%, according to the current listing price Everbright Securities,  Everbright Pramerica's p/a is close to 9.2%.  According to NetEase financial understanding, as at the end of July, Everbright Baode Trust management assets of the total size of about 30 billion, according to this calculation, 12% of the equity price of about 250 million. From other standards, Everbright Securities set up the standard is not low.  Everbright Baode Letter Industry insiders told NetEase Finance, from the current listing standards, the transfer may be directed transfer, do not exclude Everbright securities will be transferred to the equity transfer Everbright Baode Letter of the foreign shareholder Baode, previously the latter has been seeking to increase the company's equity.  Public information display, Everbright Baode letter was founded in April 2004 by Everbright Securities and the United States Baode Financial Group's Baode Letter Investment Management Co., Ltd. was jointly established, headquartered in Shanghai, registered capital of 160 million yuan, the two shareholders held 67% and 33% of the shares respectively. According to the listing announcement, as at the end of July 2010, Everbright Pramerica Fund total assets of 612 million yuan, net assets of 482 million yuan, the first July to achieve a net profit of 125 million yuan.  The company had a net profit of 233 million yuan last year. RELATED links: Everbright Securities transfer Everbright Pramerica Fund 12% of the other three Equity transfer fund companies: Huaxia Fund: CITIC Securities handheld 100% share of the end of September Shenwan Paris Fund company: Shenwan ParisFund 33% Equity transfer has not progressed in the Mail fund: The mysterious shareholder to sell the 24% stake in the postal fund
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