Reverse Building investigation: NET assets 22 million refund indemnity 770 million who pays

Source: Internet
Author: User
Keywords Real estate owner Riverside
Tags check check-out company daily economic news data developer developers development
The reason for the collapse of buildings under construction in Lotus River King Garden in Shanghai is still under investigation, and the results will be announced in Friday. The latest financial information of Shanghai Plum Real Estate Development Co., Ltd. shows that as of March 31,  The company's money is only 58.8599 million yuan, net assets of only more than 22 million yuan, there is no ability to pay the owner of the above compensation, or a problem. Shanghai collapsed Property-the owner of the Lotus River Jing Yuan, after the collapse of the building, has made a claim to the developers, including within 1 months refund of the housing, payment of the contract 5% of the liquidated damages, compensation for bank interest, reference to the same lot of house prices compensation for the original purchase price difference, to pay relocation and compensation for the transfer of resettlement costs.  At that time, many owners of the representatives frankly, only to achieve the above claims, their losses can be the greatest degree of redemption. However, the latest financial information provided by Shanghai Du Yueping Real Estate Development Co., Ltd. (hereafter referred to as MUI-all real estate), which was offered by the law firm of the City of China, shows that as at March 31, The company's money is only 58.8599 million yuan, net assets of only more than 22 million yuan, there is no ability to pay the owner of the above compensation, or a problem.  Shanghai Minhang Government News office said 21 o'clock yesterday, the cause of the investigation of the end of this week, the Friday will be officially announced.  Check-out and compensation can reach 770 million yuan by the property market through the Lotus River Jing Yuan sales data show that since the opening last year sales, sold 506 sets, nearly 734 million yuan in sales. One of the 24th buildings that has been emptied has sold 18 sets, with a total amount of 31.7579 million yuan.  In accordance with the pre-signed housing pre-sale contract, the above 18 owners can not only get out of the 31.7579 million yuan, but also to obtain the price of 5% liquidated damages, in addition, according to the total price of housing, but also the same file at the same time deposit interest rate calculation of the compensation interest.  In addition to the above 18 owners, the other nearly 400 owners, has also been in the back of the building, to the developers to request Check-out, and requirements in accordance with the contract stipulated in the proportion of 5% payment of liquidated damages, bank loan interest and reference to the same lot of house prices compensation for the original purchase price difference. Du Yueping Law firm lawyer Du Yueping that, generally speaking, Lotus Riverside View Garden of those who did not fall off the foundation soil, architectural design, pile foundation treatment and the inverted 24th building should be consistent.  If all owners are in accordance with this claim, only a penalty for a developer to pay 36.722 million yuan. However, the Du Yueping law Firm offers the financial information of MUI's real estate shows that the company as of March 31, the balance of money only only 58.8599 million yuan, net assets of only more than 22 million yuan, total assets can not be 216 million yuan.  And if all the owners of the check-out request are supported by the court, then the developer needs to refund the purchase money and pay compensation can reach 770 million yuan. But the Lotus River Jing Yuan April after the total sales amount of only 405 million yuan, plus the total asset size of 216 million yuan. At present, the total capital of plum real EstateProduction is likely to be less than 700 million yuan, whether the ability to refund all buyers of the purchase money is still a problem. 405 million sales to unknown data shows that the real estate in the first quarter of the sales reached 238 million yuan, and as of March 31 the company's assets scale is only 216 million yuan, in particular, directly reflect the real estate company in the period of sales revenue of the pre-sale account, Mei real estate only increased by 150 million yuan.  Nearly 90 million of the remaining sales were not reflected in the received accounts.  Hope that developers can refund the purchase of home buyers, not to worry about the April after the 405 million yuan sales revenue, whether will also "whereabouts unknown"? The daily economic news reporter consulted an accountant at Ernst and new accounting firm, asking whether the above funds would be "missing". The accountant points out that the balance of the pre-sale income has not increased as much as sales, possibly because some of the presale income has been converted into sales revenue.  However, in the March profit and loss statement of the real estate, the company's operating income did not show, but operating profits and operating profits and other losses. At the same time, monetary money did not increase as sales increased substantially in January.  As a matter of fact, at the end of the first quarter, the company's money was only $ more than 22 million higher than at the beginning of the year. "Money" and "advance account" two of the most reflect the developer sales of the subjects, and did not because of the first quarter of the company's sales revenue from the big increase in the rise.  What's the reason? The accountant found the answer from the "Other Payables" column. According to the report, the company's other payments in the first quarter were reduced by about 48 million yuan at the beginning of the year.  She believes that, in addition to the possibility of a part of the sales for the repayment of the previous arrears, it is possible to transfer funds to the relevant joint venture. Lawyer: The related responsibility unit should also compensate Lotus Riverside Jing Yuan owners in the SouFun court owners forum to put forward a number of options to investigate their minds who will be responsible for the collapse of this property. The results showed that only 20% of the developers were responsible for the deal.  Many owners point to the other end of the responsibility side.  Du Yueping that, in accordance with the legal principle, the accident of other relevant units, if the final verification of the responsibility for the accident, including construction companies, design companies, survey companies and so also have to bear the relevant responsibility to the owners compensation for liquidated damages and losses.  For the "Daily economic news" reporter on the real estate may be able to refund the purchase money and pay compensation ability of the question, Minhang News office related Personage said, at present the asset situation of the real estate is not clear, the owner's compensation program has not yet been determined, the company is unable to pay compensation, yet to be determined. Shanghai Minhang Government News Office yesterday 21 O'Clock, released the Lotus Riverside view Court building collapse of the latest developments. Minhang News Office said that the cause of the accident investigation is still continuing, geological exploration and pile foundation testing last night after work overnight, yesterday has been basically finished. Starting today will focus onExhibition materials Testing and data analysis work, the expected cause of the accident end of this week, the Friday will be officially announced.
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