St 07 set to increase 46 million shares to be approved by the SFC

NetEase Finance January 10 News St 07 night issued a notice that the company's non-public offering of shares in the application today obtained China Securities Regulatory Commission issued by the Committee conditions. May 6, St. 07 issued a notice, the company intends to 7.06 yuan per share of the price to the natural person to practice Wei and Su Guangwei Non-public offering 46 million shares, raise capital of 324.76 million yuan to repay the company overdue debt.　　One of the training to buy 25 million shares, Su Guangwei subscribe to 21 million shares. If completed this non-public offering, the total number of St 07 shares will increase to 230.9654 million shares, practicing Wei Fei shares 25 million, the shareholding ratio is 10.82%, Su Guangwei shareholding 21 million, the shareholding ratio is 9.09%. And noteworthy is practicing Wei for St 07 chairman, while the company's actual control of the Li Chengbi son-in-law.　　Practice Wei and the company's controlling shareholder Bo Rong Investment as a concerted action, both total holding 65.2062 million shares of the company, accounting for 28.23% of total shares, so Li Chengbi as the actual control of the status unchanged. It is reported that in December 2008, St 07 has disclosed the reorganization plan, the company plans to the Jin Tai Mining industry directional additional not more than 80 million shares, uses in the acquisition Li Chengbi and so on four people to hold the Gold Thai company's equity.　　But because Jintai mining has not completed the relevant safety production license, the reorganization stranded. April 27, 2010, the St 07 issue will discuss the non-public issue of A shares of the suspension notice.　　Subsequently, May 4, St. 07 announced that the company will change from the real estate development and business to the hotel industry. The impact of the market on the company's restructuring is expected to heat up again. As of January 7, the closing date of the suspension, St 07 reported 8.35 Yuan, Rose 0.6%.