Snatch holdings brand
September 14th, 2010Huang played for another card – 55-65%, offering for subscription of new shares, Chen Tong responded that the issue is not currently authorized under the existing issue of new shares to make any decision, the Board generally will not consider any proposal based on hypothetical . “At the same time, the Board considered that, given Shinning Crown is the company’s related parties, according to the listing rules, companies can not meet the requirements of the sole shareholder Mr Wong.”
“Even in the future additional maximum is in accordance with the current ownership percentage of shareholders to conduct additional, but not a large number of shareholders to subscribe to agree to the request.” Gome, a source said.
55-65%, the subscription of new shares to say, for the additional 20% of Gome, the mean 17-20 million shares of its subscription of new shares, according to Gome’s current stock price and then to calculate the premium of 5%, yellow house at least out 4.0 billion Hong Kong dollars.