Over billion investment hidden Bureau of the local Hunan-Hubei situation is really confused or false confused

Source: Internet
Author: User
Keywords Investment
A lump sum investment, Xiang-e sentiment did not do basic due diligence before trading? In the next two years, there have been many transactions around the land, why has Xiang-e become the only loser?  Xiang-E Love really is now know to be fooled? ⊙ Reporter Qin spent 129 million yuan to buy a piece of land, the contract signed the month that payment is 60 million yuan, but two years later found that the seller is a liar, and cooperation project paragraph has been diverted for his use, Xiang-e situation seems to be wronged to do the suckers.  But the fact is that, long before the deal happened, the fraudulent information about the underlying asset shareholders had been published in public, and the court's numerous seizure announcements. Today, the Hunan-Hubei feeling a paper announcement, exposing the investment twists and turns. But investors can not help but ask: a lump sum of investment, Xiang-e sentiment before the transaction did not do basic due diligence? In the next two years, there have been many transactions around the land, why has Xiang-e become the only loser?  Xiang-E Love really is now know to be fooled? A hasty and bizarre deal. Today, September 24, Hubei People's law firm received a letter on the 72nd Taipei Road, Wuhan, the "lawyer", Wuhan Las Vegas Entertainment Co., Ltd. (hereinafter referred to as "Las Vegas") two major shareholder Guo So-and-So, Shi So-and-so does not recognize the project cooperation. The two shareholders said that Las Vegas and Xiang-e cooperation project is only the Executive Director, legal representative Liu Zhibo conceal the individual acts made by shareholders, they do not know the project, different meaning, more not recognized, nor bear the legal responsibility.  At this point, the 60 million yuan "first payment" risk is officially exposed. Back to the bulletin, January 24, 2011, Hunan and Hubei Province, the wholly-owned subsidiary, Hubei Xiang-e sentiment and Las Vegas, natural person Xu Li signed the transfer of assets and project cooperation agreement, Hubei Xiang-e, 129 million yuan after the purchase of the two owned by the City of Wuhan, China, 72nd Taipei Road, A, B, 50% of land use rights  (6648.51 square meters of land use), the three parties also agreed to establish a joint project company for catering chain expansion. According to Xiang-e-Love today, the company paid the monthly cooperation project 60 million yuan. Since then, the three parties also signed a supplementary agreement, the agreement of Hubei Xiang E 51 million yuan to buy two land for 20% of the right to use and all ancillary assets.  After the completion of the transaction, the proportion of Xiang E's interest rose to 70%. However, the announcement did not disclose the Las Vegas shareholders or the risk of shareholder disputes.  Today, the disclosure of the "lawyer letter" shows that, by Wuhan Intermediate Court final judgment, Las Vegas's shareholding structure for Guo So-and-so holding 50% equity, Shi So-and-so holding 45% stake, Liu Zhibo Holding 5% stake. This, Xiang e feeling dumbfounded.  The company responded by saying that Liu Zhibo and Xu Li lied that they had a 100% per cent stake in the Las Vegas, but only 5% per cent, while Liu Zhibo and Xu Li The truth about the company's concealment of its land use rights by the Court for 10 rounds. "Lying" and "concealing" are certainly immoral business practices, but as aListed companies, a sum of up to 129 million yuan of investment, Xiang E love due diligence where?  At least two public information shows that the investment in Xiang-e sentiment is quite hasty. First, in the August 9, 2010 before the transaction, Hubei local "Chu Tian Metropolis newspaper" has reported Las Vegas equity fraud, the article mentioned: Liu Zhibo, Xu Li will be Wuhan Las Vegas Entertainment Co., Ltd. shareholder stone and so on 45%, 225,000 yuan of the illegal transfer of equity to Liu Zhibo, shareholder Guo So-and-so 50%, The 250,000-dollar stake was illegally transferred to Xu Li.  The second is the court's series of seizure announcements. An investment banker, after reviewing the initial trading announcements, told reporters that the deal was a small amount but did not disclose a formal asset assessment report, "if there were intermediaries involved, it should be possible to avoid these risks." "The story of the 72nd Taipei Road project in the past two years has been quite complicated," according to the announcement published today by Xiang E. April 18, 2011, Hubei Xiang-e sentiment and Las Vegas, Xu Li, Beijing and Wang Place Limited signed an agreement to 61 million yuan to transfer their rights to Beijing and Wang Place.  In November of that year, Hubei Xiang-e sentiment and Beijing and Wang Place further explicit agreement, the latter in 2012 years to pay 20 million yuan transfer. However, Beijing and Wang soon opted out. The announcement said, Hubei Xiang e sentiment, Las Vegas, Xu Li, Beijing and Wang Place and Wuhan Qiantang Real Estate Development Co., Ltd. signed the Wufang agreement, Beijing and the land will be entitled to the 70% of the rights and obligations of the subsequent transfer to Hubei Xiang-e situation and Wuhan Qiantang, of which Hubei Xiang-e feeling to let 31%, Wuhan Qiantang to let 39%.  The announcement did not disclose the exact time of rescission of the contract, but in October 2012, Hubei Xiang-e situation has been refunded 20 million yuan to transfer money. According to today's announcement, Hubei Xiang E sentiment's shareholding ratio dropped from 70% to 31%, Wuhan Qiantang is let 39% of the land use right follow-up related rights and obligations, but the two sides of the transaction details of the company has not been disclosed.  From what has been disclosed, Wuhan Qiantang has not paid any consideration to Hubei Xiang e situation. The current situation is that, among the parties, Xiang-E is the only victim. The company's latest statement is that Liu Zhibo as a Las Vegas legal entity, its signed contracts continue to be effective, the company will continue to maintain communication and coordination with Las Vegas and its shareholders to facilitate the continuation of the Taipei Road project, while Liu Zhibo, Xu Li lied that they have a 100% stake in Las Vegas, and actually only 5% of the equity;  Liu Zhibo, Xu Li by the name of the cooperative operation of the company to defraud the huge amount of property 60 million, and the company to pay the cooperation money for his use, its behavior has been suspected of fraud, the company will take legal measures to investigate its legal responsibility. One doubt is that Xiang-e love is really now found in this scam? Back to check the company's first announcement on the project, there is a clear statement: "The company to Las Vegas or Xu Li to pay Lu Ying million yuan assets transfer." Las Vegas or Xu Li upon receipt of the foregoing payment, the Parties shall be in halfWithin months, under the witness of the lawyer, will Las Vegas or Xu Li owned land use right to the company, and handle the relevant mortgage formalities. "Las Vegas or Xu Li", the company's money to whom? Since January 2011, the agreed half-month limit becomes open-ended, and land tenure is still not mortgaged to the company, what is the story behind this?  Why has the company not been publicly disclosed? The bizarre trading of Xiang-e affair January 24, 2011 Hubei Xiang-e situation and Las Vegas, natural person Xu Li signed the asset Transfer and project cooperation agreement, Hubei Xiang-e sentiment investment 129 million yuan after the purchase of the two owned by the Wuhan Taipei Road 72nd A, B 50% land use rights.  The month paid the cooperation project 60 million yuan.  Since then, the three sides also signed a supplementary agreement, the agreement of Hubei Xiang E 51 million yuan to buy two land for 20% of the right to use and all ancillary assets, the proportion of their equity rose to 70%.  April 18, 2011 Hubei Xiang E sentiment and Las Vegas, Xu Li, Beijing and Wang Place signed an agreement to 61 million yuan to transfer their rights to Beijing and Wang Place.  In the November 2011 Hubei Xiang-e sentiment and Beijing and Wang Place further clear agreement, the latter in 2012 years to pay 20 million yuan transfer money.  Subsequently, Beijing and the land will enjoy the transfer of 70% of their rights to Hubei Xiang-e sentiment and Wuhan Qiantang, of which Hubei Xiang-e feeling let 31%, Wuhan Qiantang let 39%.  October 2012 Hubei Xiang-e situation refund 20 million yuan transfer money. September 24, 2013 Xiang E received about 72nd Taipei Road project "lawyer Letter", Las Vegas two major shareholder Guo So-and-So, Shi So-and-so does not recognize the project cooperation.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.