Luyin investment reorganization was suspended window period current senior relatives frequent trading

Source: Internet
Author: User
Every reporter Songgosu Ho today, Luyin Investment (600784, closing price of 6.6 yuan) issued a major asset reorganization was suspended review of the announcement. The announcement said that the parties involved in the reorganization was suspected of violating the law by the SFC to check the case, the merger and reorganization application was suspended review, has not yet received a case investigation notice.  The daily economic news reporter noted that during the window period when the company announced its reorganization, the immediate family of the company's executives traded the shares of the company multiple times and the project manager of the evaluation agency was involved. The reorganization was halted in January this year, Luyin Investment disclosed the reorganization plan, the company said that its own steel strip branch of the stock, all non-current assets and received accounts, in exchange for the holding shareholder of Laiwu Steel Group held 4.98% equity of the equivalent part of the bank, At the same time to the Laiwu Steel group issued shares to purchase the value of the assets in excess of the value of the asset set out the difference. After the completion of the reorganization, Luyin investment is no longer engaged in steel business, the main business will become equity investment, investment in finance, real estate development, powder metallurgy and products, mining, cashmere and textile industries, such as comprehensive listed companies.  After the announcement, the company's share price soared from 5.15 yuan to a maximum of 7.66 yuan.  July 30, Luyin Investment released the reorganization of the draft, and announced on September 5, the company has received the CSRC's "China Securities Regulatory Commission Administrative license Application acceptance notice."  But many investors in Luyin's investment are likely to be disappointed, as the 15-day wait is not the result of the CSRC's scrutiny, but the news of the emergency call for restructuring. Evaluation Staff window buy shares for the suspension, the SFC said the reorganization of the relevant parties suspected of illegal was the case.  Looking at the restructuring of the luyin investment, investors feel surprised that in the Company's restructuring window period, the company's immediate family members frequently buy and sell company shares.  According to the company's announcement, Luyin Investment announced on October 9, 2012 because of the planning of major issues and suspension, according to this calculation, the first 6 months before the suspension of April 8, 2012, which is the period until June 25, 2013 is the reorganization of the self-examination.  During this period, according to the reorganization of the draft disclosure, Luyin Investment Securities representative Liu Xiaozhi, the Chairman of the Board of Supervisors Jing Yenfang son Jing Cheng and the Jing-Fang spouse Hou Huimin have traded the company's shares.  More interestingly, Luyin invested in the Luyin investment stock at the window stage as a result of the reorganization of the commissioned evaluation agency, the Joey Asset Assessment Group Limited (hereinafter referred to as the Sino-Union Assessment), which bought a total of 3800 shares on May 21, 2012 and 23rd.  The daily economic news reporter noted that Joey was the project manager for the Sino-Union assessment, stating that he did not know the information on the reorganization of the listed companies until October 27, 2012, and that he had previously known or detected insider information about the foregoing. Some market participants told reporters that generally speaking, rarely occurs in the reorganization window period to assess the company's project manager to buy shares of listed companies. This situation or let the cityThere is the possibility of a leak in advance of suspected news. The CSRC investigation may also be related to the frequent transactions of former insiders.

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