New Tian area capital increase New Century department store Chongqing department store history question unresolved

Source: Internet
Author: User
Keywords Securities dealers New century department stores increase capital and expand shares Chongqing department stores historical issues
New Century department store restructuring successfully completed, Chongqing Department Store (600729.  SH) is expected to completely resolve the competition. May 13, our correspondent learned from reliable sources, the new Century department store restructuring has made breakthrough progress ――new Horizon Lake View Investment Limited (New Horizon Lakeview Investment Company) has fulfilled the "increase capital and expand the share obligations",  Raise its stake in the new-century department store to 39% per cent. In the face of peer competition, large shareholder of listed companies Chongqing company group shoulder Pressure also with the lengthening of the default period ――5 month 12th, Chongqing Department Store shareholders meeting, the independent director Zhou Guan, said that the related transactions have always been their (independent director) The attention of one of the important issues, and major shareholders to fulfill the share reform commitment, "  Due to some formalities problems, it has not yet been resolved ". New days of Lake view to increase the shareholding to 39% 2008 Chongqing Department Store planning major restructuring period, unknown new days of Lake view investment company in April 28, a heavy attack-to 352 million yuan will be the new Century department store 25%, under the conditions of the attached condition, the foreign companies should be "  At the same time provide about 300 million new capital to the target enterprises to increase capital expansion.  Although the transfer of shares failed to obtain the approval of the Ministry of Commerce before June 23, but in the new century to a certain extent means that the stock rights of Chongqing, the expectation of the new century department stores to increase capital. The information provided by relevant persons shows that last April, after the stock auction, trading group and the New Horizon Lake View investment company's shareholding ratio of 75%, 25%, but since then, the new Century department stores registered capital increased by 4 million yuan to 504 million yuan, trading group and the New Horizon Lake View investment company's shareholding ratio was adjusted to 61%,  39%. Even if you do not know the details of the increase in the stock, but a trader bluntly, the increase in capital shares there are too many strange. For example, why does the new Century department store "not share capital increase"?  Why did the registered capital increase by only 4 million yuan, but the proportion of foreign ownership increased by 14%?  According to the bidding conditions of last April, "The assignee shall be the financial investor who has the experience of optimizing and promoting the brand and value of the commercial circulation enterprise", namely the New Horizon Lake View Investment company. Southwest Securities analyst Hutchling wrote in an internal research paper, from the new days of Lake View Company's high holding ratio, is not its external declared financial investors, if it is a strategic investor, then the impact on the future operation of Chongqing department store will be far-reaching--both may bring advanced management concept to Chongqing department store, may also be due to business,  Cultural differences hinder the development of the hundred, but she is personally biased towards the positive side. Mysterious New Horizon Lake View Company Why is it sacred?  The first board of directors after the new Century department store reform may give some answers. This reporter learned that the new Century department store's latest 5-person Board of Directors, Chongqing Trading Group Chairman Shengping, deputy general manager Liu Weili, the company's electrical legal representative Ma XinThe state occupies three seats and the other two directors are Chang and Chu Zhengwei respectively. "Historical issues" to be solved before and after February 12 this year, the United Securities has been with nearly 30 institutions to fly to Chongqing department store headquarters, with the Chairman Shaoshi, finance director and Dong Secret Hu Qinghua Exchange.  This reporter noted that, since then, some long-term tracking of Chongqing department store researchers believe that "2009 Chongqing Trading Company group overall listing is likely to be larger."  Their evidence comes from the early this year, the Chongqing Sasac on the promotion of Chongqing trading Group to complete the overall listing in the year.  Chongqing Department Store this year's one quarterly bulletin to verify the correctness of this view, "The New Century department store joint reform has been completed, according to the relevant regulations of the Securities and Futures Commission, the new century department stores need to clean up some of the history of the problem, a long time, more approval procedures, so not all completed, trading company group and the new Century department stores are actively promoting related work.  Brokers believe that the "legacy of History" is the New Century department store core holding subsidiaries of the new century chain companies in the internal staff stock problem. Last September, SASAC issued the "on the standardization of state-owned enterprises employee shareholding, investment," the employees holding subsidiaries of the company to make a prohibition.  By the end of March last year, the new century chain company's shareholder roster showed that the new Century department store held its 70% per cent stake and 29 other natural persons holding 30%.  This reporter found that 29 of natural person shareholders, Zhaozung, Jiafang and other people have been for the new Century department store executives.  In addition, Chongqing Company's wholly-owned subsidiary of trading companies in Chongqing Department of Electrical appliances are still suspense.  A brokerage person bluntly said that he had to the Chongqing department store high-level consultation, Chongqing Trading Company Electrical appliances will be injected into Chongqing department stores, but the top executives of listed companies to avoid the problem.  Chongqing Department Store senior Personage also admits to this reporter, the big shareholder and the listed company's profession competition mainly manifests in two respects, one is the new Century department store and the Chongqing department store competition, second is the trade company electrical appliances and heavy hundred electric appliances competition. A broker who declined to be named said Chongqing Department of the previous relevant solutions to the competition in the bulletin, there has been no "trading company Electric" word, because of the company's electrical appliances and heavy electric industry competition between the facts exist, according to its speculation, in the future for some time, Chongqing trading group may be the electric appliances into the new century department stores, Then the whole into the Chongqing department store, to reach the "curve of saving the nation" purpose, or Chongqing Trading Company group directly transfer the electrical appliances, to avoid competition.
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