Monday, December 27, 2010

World War II induced equity share reform of listed companies faced 400 hostile takeover bid.

<P Align=left> </ P> <P> response to the split share structure reform of listed companies due to dramatic changes in ownership structure, number of listed companies are initiating contact with the investment banking sector, design response plans ... ... </ P> < .P> M & War atmosphere of </ P> <P> "no intention to continue to operate the share reform of listed companies for the large shareholders, is a rare opportunity to cash in, but for those of us still want to retain control of large shareholders .faced with a crisis is more. "of a listed company executives told reporters admitted that he paid the company is facing on the price of the share reform, the major shareholders of listed companies control reduce the problem of the acquisition by potential competitors. .</ P> <P> It is understood that the present share capital of the company structure, legal person shares accounted for 40%, of which 32% of the total share capital held by the shareholders of the corporate shares. .In accordance with the market average of 30% of the rate of price paid, the share reform, the major shareholder's stake will drop to 17% less. .</ P> <P> "holding such a low proportion of competitors to just two to three billion yuan of funds to replace our position." The executive can not help but worry about the future for the company's future. .</ P> <P> fact, facing the same problem, is not the only one listed company. .June this year, an institution has done a survey in more than 1,300 listed companies in Shenzhen and Shanghai, the largest shareholder holding less than 30% of the total number of listed companies account for about 35%. .For these companies, the share reform stripped of their last piece of the body protective clothing, face the future reign of terror on the capital market. .Unscrupulous profiteers took the opportunity to cash in </ P> <P> "so much more serious than had been thought." Disclosed to reporters in a securities market, due to historical reasons, many companies in the year 2000 the process of listing, will own .legal person shares given to the individual concerned. ."These stocks called legal person shares, in fact, be individuals held, and their large number concentrated in the hands of a few." He worried that the share reform ended, the legal person shares can be traded, will make public the company's hostile takeover more .easy. .</ P> <P> foreign equity is distributed large enterprises, in this case, as long as the majority shareholder holding 20% or even 10% can be assured as long as the control of a listed company. .Because the countries have related to the acquisition of information disclosure system, once a hostile takeover side reaches a certain percentage of shares to the securities regulatory authorities are required to report. .Once the message is open, it will make the target company's share price soared, thus increasing the difficulty of further acquisitions. .</ P> <P>.

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