Large shareholder lawsuits shareholding is frozen *st or "banner"

In the 10 million shares have been transferred, *st Bo surplus large shareholder, Ka Heng de real estate again involved in litigation disputes, the holding of its 33.85 million shares of the company is frozen, *st bo surplus large shareholders may also change. *st today disclosed, the company in May 27, 2010, Beijing Chaoyang District Court of Civil adjudication, the court in the trial of the plaintiff North Group Corporation and the defendant Garley Heng de Real Estate joint ventures, cooperation in the development of real estate contract dispute case, North of the group on March 17, 2010 to the court to file a property preservation application, request the seizure of the property value of the Ka Heng de real estate 45,043,240 yuan, and has provided security. In this respect, the Chaoyang District court ruled that the seizure and freezing of the property value of 45,043,240 yuan in the real estate of the Ka Heng de, its holding company 33.85 million shares (about 14.29% of the company's total share capital), has been frozen by the Chaoyang District Court of Justice, frozen for a period of 2 years,　　With yesterday's closing price of 6.9 yuan, the value of this part of the stake is about 234 million yuan.　　The company said that the court-frozen shares are basically Garley Heng de Real estate holdings of all shares of the company, such as once implemented, will likely occur the first major shareholder changes.　　In the past few days, Yangzhou has just ruled that the 10 million shares of the company's real estate holdings are transferred to Beijing Hong Fu Xiang Technology Development Co., Ltd. Securities account debt, the latter became two shareholders. What's confusing to the outside world is that *st president in more than a year to change unexpectedly 5 times, in addition, the company's director Feng Qitai has been chairman of the North Group Corporation and party secretary, and according to the reporter understand, Hon Fook Cheung chairman is likely to be *st Bo surplus chairman of the Board of Supervisors Chengchangjun, so there are market speculation, from Chengchangjun "airborne "The Board of Supervisors to Hong Fuk Cheung to obtain a 10 million stake, and then to have the North Group head office background of the Feng Qitai company directors, behind or asset restructuring considerations."