Mr. Coase's 17% stake in a former executive has mysteriously evaporated into unsolved cases

Source: Internet
Author: User
Keywords Kos
Tags closer company enterprise environment environment-friendly gem gem board ipo
Coase Wood Sprint Gem equity dispute still shrouded in fog ——— January 18 through the Gem Board audit, March 4 to complete the IPO, will be issued in March 14 online, Coase Wood from the capital market door is getting closer.  Before the upcoming wealth feast, the Suzhou Private Enterprise, which produces the environment-friendly offset printing ink, first rehearsed a big stake dispute between the company and its former executives, and the former vice president will CEO to the court, claiming that the target is the 17% stake it once held, but eventually evaporated.  Before the company officially launched the IPO, the former vice-president was strangely withdrawn from the appeal, making the lawsuit a "matter of note" in the Coase prospectus. 17% of the former shareholder "evaporation" of the wood prospectus shows that the former shareholders of Kos Lo Quannan to the Suzhou Xiangcheng District People's Court, the Suzhou Intermediate Court filed a lawsuit, asked to revoke the December 8, 2004, the defendant approved large Toyo Ink transfer and shareholder change registration of specific administrative acts,  Restore the plaintiff's shareholder status in the company.  2004, Coase Wood's predecessor of the Big Toyo Ink Co., Ltd., decided to reduce the registered capital from 10 million yuan to 5 million yuan, Wu Xianliang, Lo Quannan, Sun Jieming and other 9 shareholders held all (part) of the shareholding by the large Oriental ink to 1 yuan/shares of the price repurchase cancellation. After the completion of the capital reduction, Wu Xianliang, also the current chairman of Coase's holdings increased from 50% to 68%, while the original holding of 17% per cent of the Lo Quannan from the shareholder list disappeared, the stake is zero.  For the 1 yuan/share repurchase mentioned in the prospectus, Lo Quannan said that he had never signed the resolution, never received a 1.7 million yuan repurchase money, his signature was forged.  Two agreements to save "forged signatures"? In order to claim 17% Equity and the shareholder status of the listed company, Lo Quannan repeatedly resorted to the law. April 18, 2010, Luo to the south to Suzhou Xiangcheng District People's court lawsuit, three months after the lawsuit request was dismissed, then July 15, then to the Suzhou Intermediate Court appeal.  But the catch is that, on the eve of Mr Coase's meeting, Lo Quannan voluntarily withdrew the appeal. According to reports, from the Suzhou court transcripts found that Lo Quannan said the forgery of the signature is not wrong, the chairman of Wu Xianliang's father Jingen recognized forged signatures.  But under this premise, why did Lo Quannan take the initiative to withdraw the lawsuit, and why did Coase win the stake contest? According to the report of the financial weekly, it was the two agreements signed in 2004 that ultimately saved Mr. Coase.  It was on the basis of these two agreements that coase turned the tables and, even when accused of forging signatures, Mr Coase eventually won the equity lawsuit.  Equity disputes still shrouded the fog let investors doubt that, since Lo Quannan has signed an agreement to give up the equity, Coase Wood and why forged signatures to sign the change of the business registration information? According to the media, Lo Quannan said it is not signed on the transfer of shares, is in the two agreementJingen promised "additional financial compensation". He will sign off the stakes only if he is compensated.  In the case of Norwood, it was said that the agreement was in writing and that it did not, which amounted to No. Public information, Lo Quannan Two appeals, Suzhou in the court on September 27, 2010 publicly heard the case, issued a civil ruling, the decision "to allow Lo Quannan to withdraw the appeal, the case of the charges halved by the Lo Quannan commitment." The ruling is final. But after the court conclude the case itself, the mist over the dispute did not disperse. In this "does not have a significant impact on the company", behind the litigation matters, the company's original executives and the listed companies in the various interests of entanglement, is the capital market and Rashomon door.
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