BBMG shares to be issued 3.69 billion yuan a a-share acquisition too cement

NetEase Finance June 4 News of the Friday Evening Bulletin said, the company intends to issue 410.4 million shares, to implement the merger of the consolidation of too cement reorganization plan.　　After the CSRC approves and the Shanghai Stock Exchange approves, a-share will be listed on the Shanghai Stock Exchange and the H-Shares will continue to be listed on the SEHK. The announcement said that a a-share price of 9 yuan per share, each 1 strands of cement shareholders can be allotted 1.2 share.　　In other words, BBMG shares will reach RMB 3.69 billion.　　In addition, the absorption of merger plan with the target shareholders (excluding the parent company) to be the cash option, the price is too cement shares per share of 10.65 yuan. Industry analysts generally believe that the absorption of the merger of the Taihang Cement shareholders is undoubtedly a substantial positive.　　2009, the performance of the Taihang cement to maintain a sound growth, operating income growth of 34.72%, attributable to the listed company shareholders of the net profit increased by 113.7%, the earnings per share reached 0.2 yuan, and BBMG shares 2009 basic earnings per share reached 0.63 yuan.　　Taihang cement on the evening of April 1 announced that the company's actual control of the group "is planning a major asset restructuring related to the company, will be suspended on April 2."　　Taihang Cement April 1 closing price of 10.65 yuan, up from the previous session of 1.91%, the same day turnover rate of 4.93%. BBMG shares closed today at HK $7.72, down 0.26%.