XCMG technology enters the share reform program 10 and sends 3.1 Carlyle investment participation to express return
XCMG technology enters the share reform program 10 and sends 3.1 Carlyle investment participation to express return
China Construction machinery information
Guide: if the vote is successful, the whole share reform will end at the end of December. For the possibility of this clearance, XCMG believes that, There should be no big problem. XCMG Technology (hereinafter referred to as s XCMG), the associated company of XCMG's M & A case that has attracted the attention of the market, officially announced the share reform plan yesterday
if the voting goes well, the whole share reform will end at the end of December. For the possibility of passing the test, XCMG believes that there should be no big problem.
XCMG Technology (, hereinafter referred to as "s XCMG"), the associated company of XCMG's highly anticipated merger and acquisition case, officially announced the share reform plan yesterday, that is, 3.1 shares for every 10 shares. The company is the acquisition object of Carlyle - XCMG Construction Machinery Co., Ltd. the important difficulty is limited by the subsidiary of material production (hereinafter referred to as "XCMG machinery"). S XCMG will suspend trading today and resume trading on November 30
an executive of XCMG group once told that Carlyle investment participated in the discussion of the share reform plan and said that it would give investors a good return. If the case of Carlyle investment's acquisition of XCMG is approved in the process of share reform, it is no doubt that Carlyle investment will undertake some of the advance funding tasks. However, if the share detection pedal meets the requirements of reliable and wear-resistant use, XCMG machinery will independently complete the share reform and reorganization if the acquisition case has not been approved. According to the current share reform procedures, the share reform plan has no impact on the acquisition case
setting up major on-site experimental projects is an important measure for PetroChina to enhance its independent innovation ability and speed up the development of chemical business. S XCMG's share reform plan is: non tradable shareholders will implement the consideration arrangement for all tradable shareholders to obtain 3.1 shares per 10 tradable shares, and the total price and growth rate will reach the highest consideration shares of the year. The shares that implement the consideration arrangement will be distributed by all non tradable shareholders according to their equity proportion. On the first trading day after the implementation of the share trading reform plan, the non tradable shares held by the non tradable shareholders of the company obtained the listing and circulation right
s XCMG said that for those who did not expressly agree to the share trading reform plan and although they agreed to the company's share trading reform plan, but their non tradable shares were subject to rights restrictions, XCMG Construction Machinery Co., Ltd. agreed to advance the consideration that should be executed by the above shareholders. After the advance payment, if the shares held by the non tradable shareholders are listed and circulated, they shall repay the advance payment to XCMG machinery, or obtain the consent of XCMG machinery, and the board of directors of the company shall apply to Shenzhen stock exchange for the listing and circulation of such shares
Fei Guangsheng, Secretary of the board of directors and head of the Securities Audit Department of the company, explained the reasons for the advance payment to China business news yesterday. "Some non tradable shares have been pledged, or some non tradable shareholders have not clearly expressed their willingness to pay the consideration, so XCMG machinery needs to pay in advance. This time, there are as many as 230 non tradable legal person shareholders who need to pay in advance."
for this plan, Fei Guangsheng expressed three ideas: the company's plan of 3.1 for 10 is higher than the company's theoretical calculation price of 3 for 10; It is higher than the average consideration of listed companies that have undergone share reform nationwide; At the same time, compared with the construction machinery companies that have undergone share reform, the average consideration is higher
previously, the company had formulated three share reform plans. After discussion, the company believed that the form of share offering might be simpler and more in line with the habit of circulating shares, so it took the plan of 10 shares for 3.1 as the final plan
when asked whether Carlyle investment was consulted on the plan, Fei Guangsheng said that the company's share reform procedure was to authorize the listed company under the proposal of non tradable shareholders, and the listed company entrusted Industrial Securities to make this plan. If the vote goes well, the entire share reform will end at the end of December. For the possibility of this clearance, Fei Guangsheng believes that there should be no big problem
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