Samsung to borrow CRT assets to reduce the value of the makeover

Source: Internet
Author: User
Keywords He Chi Tim seg Samsung
This reporter Lanxiachen to mention huge asset impairment caused by the huge losses behind, may be seg Samsung is preparing "makeover".  The company or become the St SEG, Shenzhen SEG Group's second "Moving Knife" CRT (picture tube Display) enterprises. Last week, the SEG listed companies have a lot of news: First, the SEG Samsung first quarter replenishment of the fixed asset impairment to prepare 382 million yuan, resulting in the first quarter of a huge loss of 500 million yuan, and then the corresponding account of the St Seg investment losses of 89.57 million yuan, adjusted after the first quarter of the St SEG net profit of 86.71 million yuan.  Two companies are expected to lose money in the first half. Samsung's meager profit from last year, to the back of the big story, is an unnoticed message: March 25, the SEG Samsung Board of Directors to review the adoption of the company's equipment reform and new product demonstration, the second half of the relevant argumentation after the completion of the report to the Board. This message was released simultaneously with the suspension of the CH2 pool stove message. So what do the equipment modifications and new products mentioned here specifically refer to?  Yesterday, the reporter called the seg Samsung Securities Department, the company said, "The project is still in the argument, inconvenient to elaborate." Samsung's big shareholder is St SEG, which has a 23% stake in the first quarter. The big shareholder of St SEG is the Shenzhen SEG group which owns 30%. Shenzhen SEG Group's CRT assets, mainly distributed in St SEG and seg Samsung. With the decline of CRT industry, St SEG is the brunt of the attack. Shenzhen SEG Group has submitted an application to cancel special processing by stripping St SEG of its CRT assets, merging into electronic market assets, and playing up the performance of St Seg.  And this time, for the SEG Samsung, Shenzhen SEG Group's rescue of the recruit will be what? In this respect, Great Wall Securities analyst He Chi to reporters, Shenzhen SEG Group unlisted assets, there are two or three important assets: the production of navigation equipment, Shenzhen SEG Navigation Technology Co., Ltd. Shenzhen Love Semiconductor Co., Ltd, the production of energy-saving lighting equipment, power transistors; In addition, there are some properties.  In the St SEG reorganization, it was rumored that the three assets could be put into the listed companies, but the final placement is the electronic market. In the face of the decline of CRT industry, the first three major shareholders of the SEG Samsung plan to reduce significantly. March 4, 2009, SEG Samsung 139 million restricted shares listed, of which, the largest shareholder St SEG, the second largest shareholder, Samsung Corning and the third largest shareholder, Samsung Corning (Malaysia) each has 44.83 million shares, each accounting for 5% of the total share capital to be listed circulation rights.  Samsung Corning and Samsung Corning (Malaysia) are planning to reduce all of the lifting shares from May 19 to November 19, while St SEG decided to reduce the 4.9% stake in the SEG Samsung. SEG Samsung is the Shenzhen SEG Group and Samsung joint venture product, namely, SEG Samsung is Samsung Electronics in China's foundry industry, the joint venture model has been rage.
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