The mystery tycoon spent 1.1 billion on the Southern Airlines float 620 million

Source: Internet
Author: User
Keywords Southern Airlines recommendations Zhao Xiao additional
Yesterday, the Southern Airlines (600029, closing 11.56 yuan) announced the results of directional issuance, including a share of 1.5015 billion shares, H-shares to the South Dragon holding additional 312.5 million shares, the cumulative raise 9.838 billion yuan and HK $853 million. It is noteworthy that the natural person "Chaoxiaodong" spent 1.059 billion yuan subscribed to 159 million shares, to become the southern airlines a-share fourth largest shareholder. With yesterday's closing price calculation, Chaoxiaodong floating surplus has reached 620 million yuan.  Recommendations Zhao Xiao (blog) east Exactly who is also, "Daily economic news" reporter to investigate this. Additional fundraising 9.8 billion for debt repayment yesterday, the Southern Airlines announced a a-share directional additional results, including the large shareholder of the South Airlines Group of 9 objects to 6.66 yuan/share price subscription for the additional 1.5015 billion shares, the total fund-raising net amount of 9.838 billion yuan. Among them, the Southern Airlines Group subscribed to 123.9 million shares, restricted period of 36 months. The remaining 8 shareholders have a restricted period of 12 months, including 1 natural persons and institutional investors such as Societe Generale Fund and Bosera fund. The largest number of shares subscribed to the Societe Generale fund, reached 211.8 million shares, while the remaining subscribers subscribed to 159 million shares to 194.2 million shares, all in cash subscription.  In addition, the Southern Airlines in the price of HK $2.73/share, to South Dragon holding more than 312.5 million shares. Southern Airlines to raise funds for a shares will be used to repay the debt. The third quarterly Bulletin of 2010 showed that as at September 30, the total assets of the company amounted to 108.1 billion yuan, with a total liability of 89.3 billion yuan and an asset-liability ratio of up to 82%. 2010 1 ~ September, the company's financial costs reached 360 million yuan, while the company's net profit of 2.076 billion yuan. Citic Securities research reported that the issuance of additional help companies to further improve the capital structure, increase the thickness of net assets, reduce asset-liability ratio, improve the financial situation, improve the company's operating capacity and risk-resistant ability.  After the completion of the targeted additional, the company's asset-liability ratio will be basically the average level of the world's major airlines. Chaoxiaodong: With the same name as the fund manager it is noteworthy that, in the southern Airlines a a-share of targeted additional, in addition to the Southern Airlines Group and the major institutions, there is a natural person's participation is quite noticeable. The announcement shows that natural persons "Chaoxiaodong" subscribe 159 million shares of Southern Airlines, accounting for 1.62% of total equity. In this regard, Chaoxiaodong also become the Southern Airlines a-share fourth largest shareholder. As of today, with the Southern Airlines closing price calculation, Chaoxiaodong has made up to 620 million yuan floating surplus.  Chaoxiaodong really is who, can take out nearly 1.06 billion yuan to participate in Southern Airlines directional additional? In the Bulletin of Southern Airlines, there are few introductions to Chaoxiaodong. Through the network search, found that the network on Chaoxiaodong and capital market-related information is very little, the only reported is "Chaoxiaodong" is the Franklin Shenzhen 300 fund managers. But is this "Chaoxiaodong" the "Chaoxiaodong"? Through the current public information, it is not confirmed. Insiders recognizeFor now, it is difficult to determine whether Chaoxiaodong is the fund manager, and can not rule out the same name. But there is no doubt that to be able to come up with more than 1 billion yuan of funds to subscribe for Southern Airlines, it must have a very strong strength and background.
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