St Tatsu Low price selling house three alone Dong think

St Tatsu (600734) 7th announced that the company to lower book value and assess the price of the transfer of commercial property at the time of the vote, two directors and an independent director abstained, and three independent directors issued independent opinion that the scheme is inappropriate. As a result of business and debt restructuring needs, the company's board of directors by the name of Nanjing Binjiang City Building area of 7974.75 square meters of commercial property transfer, the transfer price of 103 million yuan.　　The proceeds of transfer are mainly used to repay the debts owed by the company to Fujian Sangong Group Co., Ltd. and ICBC Fuzhou South Gate Branch.　　The notice shows that the 7974.75 square meters of commercial real estate accounts of the original value of 134.6449 million yuan, as of April 30, 2009 net book value of 123.4525 million yuan, the evaluation of 107.0266 million yuan, higher than the transfer price of 103 million yuan. Mr Jing Jingen and Mr Lin Shen, who abstained from voting, were given a waiver of the asset as the original holding shareholder's debt, which was approved by the Board of Directors, General meeting of shareholders and so on, which is below the original value and is lower than the valuation price transfer.　　Mr Dongtangwen is also of the view that the asset disposal losses are too high. Independent director Mr. Li Jinhua, Ningen, said the independent opinion of the bill, that because of the company's business and debt restructuring needs, the company to revitalize some of the fixed assets, foreign transfer part of the Nanjing Real estate is feasible.　　The transaction price of the transaction is determined on the basis of the valuation, and there is no case that damages the interests of the company and its shareholders, especially the small and medium shareholders. Although the property transfer is expected to bring the company a certain amount of asset disposal losses, but the transfer of funds to repay the arrears, the company is expected to bring a certain amount of debt restructuring profits.