The company says it doesn't affect acquisitions.

Source: Internet
Author: User
Keywords Combined Energy
Tags business company convertible convertible bonds creditor development exchange help
According to the Securities Daily Reporter, in response to a complaint from unidentified persons to the Hong Kong exchange and some negative comments on the internet, a combination of energy acquisitions has encountered resistance to the work of 22 coal mines in Henan province, but the company said the negative news is not true, and the company's acquisitions will be of great help to the company's business and profitability.  The acquisition will not be affected. Combined Energy recently said it would issue 1.2 billion convertible bonds to buy and consolidate 22 coal mines in Henan province and repay corporate debt.  It is understood that the creditor MCC has also agreed not to issue an enforcement notice to the company before May 31 and to execute the sale or disposal of the mortgage shares, which will be beneficial to the company's business development.  But recently, some media and web forums in the voice of opposition, to the joint energy acquisition of the Hong Kong stock Exchange to make complaints, criticized the company's sale of assets, urging small shareholders should sell goods as soon as possible. The securities daily reporter learned from the company's high level that the complaint incident does exist, but the company issued 1.2 billion convertible stock bonds in full compliance with the Hong Kong stock exchange, and is for the long-term development of the company.  Energy integration is the general trend, the State is promoting the integration of energy industry, the move is also in line with the national development of the general direction, as for the company's sale of assets of rumors, more false. Hong Kong senior stock analyst Jiang small fish with energy this incident said: "In fact, CB is equivalent to provide a company with a right and opportunity to invest in shareholders, so that they can be in the investment company at the same time to secure and future opportunities for return."
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