Crocodile-shirt against the city fell 3.85% major shareholder privatisation plan failed

The 00122-HK has fallen as a result of the failure of the major shareholder privatisation scheme, which is now down 3.85% to HK $0.375 for a deal of HK $1.0772 million; At present, the main market, the index rose 2.26%, reported 17375.54 points. The company said it had not succeeded in announcing that the vote had not been in line with the Court's privatization rules, as a result of the voting on the privatisation court meeting.　　According to the company's earlier announcement, if the privatisation scheme fails, the majority shareholder will not propose privatization until 2018. The shares were suspended in Tuesday and the crocodile was quoted at HK $0.39 prior to its suspension; today's share price is unlikely to touch on the February 10 closing close of HK $0.208 as the market has risen sharply since then.