Central enterprises withdraw from real estate assets no one to vote second or intervene to restructure

Source: Internet
Author: User
Keywords To the vote CIC
Tags asset asset management business company daily economic news disk economic enterprise
Every reporter Tombellou from Beijing May 8, PetroChina will subordinate a property company 100% stake in the Beijing equity exchange listing.  This is also the March this year SASAC issued a non-real estate industry central Enterprises "repaying order", the 5th listed the transfer of real estate equity. "Although hung a number of central enterprises in the property stake, but there has been no market funds to disk." If so, 78 of the central enterprises to exit the real estate will encounter variables.  Yesterday (May 10), a head of the investment Department of the Central Enterprise of the daily economic news reporter said.  Reporters to the SASAC Board of Supervisors to consult the latest progress, the person only said that the central enterprises to withdraw from the real estate business is underway, currently unable to market funds whether to make a forecast.  Market funds "Do not choose"? A number of central enterprises selected through the equity exchange of public listing transfer: Aerospace Science and Technology Group transfer gold in the 80% equity, the listing price of 184 million yuan; China nuclear Industry group listed under the transfer of Beijing new run Real Estate Development Co., Ltd. 8% Equity, listing price 4.32 million, the listing deadline of April 16  Sinopec Beijing Yanshan Petrochemical Co., Ltd., with a price of 1 yuan to transfer its holdings of Zhuhai Property Construction Co., Ltd. 50% Equity, Harbin Electric Group transfer Harbin Electric Real Estate Co., Ltd. 35% Equity, East Force Real Estate Development Limited liability company 25% Equity.  Up to now, the above 5 central enterprises listed on the sale of its three-tier or the following property subsidiaries, the market response is lukewarm. "The initial listing of several central enterprises, has passed the date of listing, but so far no enterprise signed a transfer agreement." A person at the Beijing Equity Exchange said, "The real estate Regulation policy was launched on April 16, which may have poured cold water on the companies ready to go to the market." "The Daily economic news reporter from a close to SASAC, the authorities learned that Sasac is very much hope that the market funds to take the exit of the real estate assets," but the market response has not been expected to buy heat, estimated with the new series of real estate control policy has a great relationship.  Reporters in the interview learned that in the last 5 months, 78 central Enterprises are actively seeking solutions.  CIC No. Second or a reorganization?  A person close to Sasac believes that there are "3 exit paths" for central enterprises, but so far there has not been a successful exit from the operation.  These 3 paths are: publicly listed auctions to the market, enterprises to transfer their own agreements, and then reported to the SASAC, SASAC through the administrative transfer. "In the past, Sasac did take a third approach to disposing of non-performing assets, but at the moment Sasac already has 2 asset management companies that do not rule out escrow through asset management companies and then look for opportunities to reopen the market."  "Li, executive director of Beijing Wai Bo law firm, said to reporters. It is understood that SASAC is about to set up a new asset management company in the first half of this year (CIC second, new state Asset management company). The company once sparked market speculation that it would acceptMore than the ranking of the central enterprises assets.  There are news that the transfer of the racket or the agreement not to go out of the real estate business assets, and property companies with inadequate industrial structure or too much debt are likely to be transferred free of charge to CIC second, which will be packaged for sale by CIC Second, or transferred to local SASAC under the principle of territoriality and then injected into a company. "The Daily economic news" tried to prove the rumor to the SASAC, the person said, "The specific exit plan should not be so complicated, CIC No. Second is not to solve the exit of the state-owned property business, the CIC second has a more important strategic task." ”
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