Double sinks Development recover nine company equity funds forced Palace fuse Final Solution

Source: Internet
Author: User
Keywords Fund equity fuse double sinks
Tags application asset reorganization bulletin change company company equity development exchange
Yesterday, the BIS Development Bulletin disclosed that 9 companies were partially owned by the company and had completed the registration formalities for industrial and commercial change. Last year, it was the double sinks that gave up the priority of the nine companies and became the trigger for the funds to veto the "palace", and then the double sinks were asked to be rectified.  At present, the SFC accepts the double remittance development Assets reorganization application, the double sinks development has started the new round industry conformity. The original price recovery double sinks development Disclosure, Hua Industry (Group) Co., Ltd., Hua Chemical Packaging Co., Ltd., Zhejiang Jinhua Shuang Hui Food Co., Ltd., Luohe Huayi Food Co., Ltd., Luohe Hua-Mao Shuang Hui Plastic Engineering Co., Ltd., Luohe Huamao double Exchange Packaging Industry Co., Ltd.,  Luohe Huamao Double Exchange Offset Printing Co., Ltd., Luohe Huamao double Sinks Power Co., Ltd. and other 9 companies have completed the transfer of shares involved in industrial and commercial change registration procedures. The nine companies ' acquisitions have been a lot of twists and turns. In the first half of 2009, minority shareholders such as Hong Kong Chinachem Holdings Limited (ROTEX) transferred the shares of 9 companies such as China-Mao double sinks Industrial (Group) Co., Ltd. and Hua Chemical Packaging Co., Ltd.  At that time, the development of the double sinks decided to give up the preferential rights to the 9 companies. by March 3, 2010, the first meeting of the provisional shareholders in 2010 rejected the motion of the corporation to waive the priority rights. This is also the fund for the two-way development of the delay to resolve related transactions, competition in the veto pressure.  Since March 8, 2010, the company's management department of Shenzhen Stock Exchange has issued a concern letter on the development of double sinks for the development of Henan Double Sinks Investment Co., Ltd. At the end of December last year, the general meeting of shareholders approved the motion on the company's ownership of the 9 companies owned by Rotex. The 9 companies traded at 614.95 million, the announcement revealed yesterday.  A person familiar with the situation told reporters that the development of the exchange of the original deal with the initial price to buy back, in fact, the equivalent of Rotex Co., Ltd. to help operate for a year. National securities analysis said that the development of double sinks to abolish the priority of choice, the nine companies of minority shareholders into the system of listed companies, improve the profitability of listed companies ' assets.  Double sinks have already started a new round of expansion and industry consolidation after solving the overall listing issues.  Further expansion on March 1, the BIS development announcement announced that the CSRC had reviewed the application materials for approving administrative license for its major asset reorganization and decided to accept the application.  Double sinks development at the end of November 2010 to release the asset reorganization program, the double sinks group and its affiliated parties will inject 33.94 billion yuan assets to the double sinks development, realizes the meat processing business overall listing. The reporter learned from the double sinks group, "Twelve-Five" double Exchange group plan to achieve two double.  First, the total meat production from the current 3 million tons doubled to 6 million tons, and the second is the sales revenue from the current 50 billion doubled to 100 billion. CIC Securities analyst Zhang Radium Analysis, reorganization of the proposed injectionMost of the assets were put into production in recent years, so the growth rate was faster.  China's Meat market space is very large, double sinks in the next 3 years will still be in the amount of input, its plans in Harbin, Changchun, Shenyang, Changsha and other places to increase capacity layout. Responsible Editor: NF058
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