Premium acquisition of Wei Shi Holding yi-Tong enrichment industry chain

Yee Yatong released a major asset restructuring report today, announcing that it will acquire no more than 25% per cent of the Hong Kong listed company's holdings through its wholly owned subsidiary, the Hong Kong Limited. In fact, according to the three board resolutions of last September, the company intends to buy more than 260 million shares of Wai Holdings.　　Yesterday's shares were closed at HK $0.73, compared with the 1 Hong Kong dollar acquisition price. Yi Yatong to Wei Shi Holdings of targeted additional subscription enthusiasm is "increasingly high." "Prior to the June 2008, the company was informed of the development of Wei Shi Holdings to increase the information, and immediately contact with Wei.　　September 2, 2008, the company's holding subsidiary Hong Kong and Wai-Wei Holdings signed a share subscription agreement, to subscribe to the 111,766,666 shares of Wei Shi Holdings, subscription price of HK $1 per share, Jianwei holdings of the previous shares of 10%. The company held its board again on September 8 last year, approving a further 15% per cent stake in the directed additional shares of Wei Shi Holdings. September 12, Hong Kong and Wei Shi Holdings again signed an agreement to subscribe to the 111,766,666 shares of Wei Shi Holdings, the subscription price of 1 Hong Kong dollars, the cumulative Jianwei holdings in the previous shares of 20%, after the issuance of 16.67%.　　By subscribing to new shares, the total cost of the listed companies is HK $223,533,332.　　Then, on September 25, the company agreed to a total of 3.67% of the issued shares of Wei Shi Holdings through an equity agreement, totaling 41 million shares, totalling HK $41 million. Data show that Wei Shi's business scope includes it information products distribution, enterprise system SI, IT services, etc., in 2007, the full acquisition of Wei Shi holding more than its own market value of the good Jay Technology, although the performance of a significant increase, but the demand for funds is not school as for the current price below the subscription prices, Yi Yatong Excluding the irrational factors of capital market brought by financial crisis, analyzing from the angle of industrial chain, taking into account its investment income and synergy effect, the current stock price of Wei Shi holding is still seriously underestimated, and the equity participation is still feasible from the economic angle.