Hydropower Real estate officially holding Southland property

Source: Internet
Author: User
Yesterday, the Southland Home purchase (market, interrogation) (002305, closing price of 9.55 yuan) issued by the Equity acquisition report. According to the agreement, Xu Xiaoming 8.43 yuan/share of the price, the south of its holdings of 99.65 million shares transferred to China's hydropower (market, interrogation) construction group Real Estate Co., Ltd. (hereinafter referred to as hydroelectric property). Hydropower real estate in cash to Xu Xiaoming to pay the total transfer price of the shares amounted to 840 million yuan. However, Xu Xiaoming, as the co-chairman of the Southland home ownership, is subject to the annual transferable share of shares, the 57.59 million shares in the transfer will need to be lifted after January 1, 2014 of the sale of the restricted transfer. Financial profit treasure, the current deposit rate increased 1000% Southland home ownership structure distribution before: Xu Xiaoming holding 398 million shares, accounting for 41.38% of total equity , hydropower real estate through the Wuhan Xintiandi Investment Co., Ltd. indirectly holding 209 million shares, but also directly holding 76.8 million shares, the total shareholding ratio of 29.59%.  After the acquisition is completed, the direct shareholding ratio of hydroelectric property will rise to 18.28%, the total shareholding ratio is 39.92%, the Xu Xiaoming shareholding will be reduced to 30.97%, and hydroelectric property becomes the controlling shareholder. It is noteworthy that Xu Xiaoming's total transfer of 99.56 million shares, accounting for the total number of shares of its companies 25%. According to relevant regulations, the number of shares held by directors of listed companies in the annual reduction shall not exceed 25% of their total holdings.  In other words, Xu Xiaoming one-time "indicators" all used up, after a year can no longer reduce. Some analysts believe that, although hydropower real estate and the Southland have already "married", but because of the failure to achieve a holding status, the market to the Southland can be sustained and stable to rely on hydroelectric property to obtain financial support there are certain concerns.  And as hydroelectric property gets a controlling stake, market doubts will be eliminated. Analysts believe that China's hydropower (601669, close to 3.16 yuan) in 2011 when the overall listing, the proportion of real estate assets is very small, the remaining majority of property assets have not yet been injected into the listing platform. After the successful holding of the South China hydroelectric property, the Chinese water and electricity will be its real estate assets operating platform, to provide financial support, the more high-quality assets injected into the market is the most concerned about.

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