Monday, March 19, 2012

Zoomlion management to swallow fat investors worry about the loss of state assets

The Zoomlion March 16 announcement that, inside the fourth in the fourth getting together with in the Board of Trustees held on March 15, 2012 regarded as and adopted a movement within the profit of equity pursuits in subsidiaries, to get joint house Hermes Birkin Replica rights in Hunan Province exchange-listed securities marketed with a wholly held subsidiary of Alliance sanitation 80% stake. It is believed the fact that move selling price in the offer will not be much less than 2.78 billion yuan. Announced the fact that shareholders Fang Hongyi funds below the Hony funds and administration share Changsha Hesheng expense progress Co., Ltd. (hereinafter referred to as "the Changsha co-Sheng") since the intention in the transferee to participate on this transaction auction. , Chairman Zhan pure holds a a Changsha Hesheng 30% stake, the Executive Directors Mr. Liu Quan holds replica birkin bags about 4.6% stake in Changsha Hesheng, Non-Executive Director Mr. Qiu Zhongwei since the administration in the principal traders and Hony Capital, that include the ultimate transferee to ascertain as Hony funds and (or) Changsha Hesheng, the transaction will constitute associated celebration transactions in between the Hony funds and (or) Changsha Hesheng using the company. The information display the fact that Changsha He Sheng is typically a chinese language program and Zoomlion administration expense organization established, the lawful representative to locate the flowers, the listed funds of 30 million yuan. Zhan Chun new Hermes Kelly Replica holder Changsha Hesheng 30% stake in Zhang Jianguo, Liu Quan, 15 administration with each other maintain 49.4% stake. This is typically a new organization founded a March 1, 2012, has not however carried out any business.

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