Huang Guangyu further action to be three times the 1.2 billion cash 4.0 billion Hong Kong dollars – Huang Guangyu, Gome, electrical – HC Network Appliance Industry
As the newspaper predicted, Wong Kwong Yu really renewed "forced" cash. Last Friday (April 7, 2006), GOME Electrical Appliances Holding Limited (HK0493) announced on, Huang Guangyu said its major shareholder sold a private placement not less than 150,000,000 U.S. dollars (about 12 billion) of Gome's shares, a price per share of HK from 8.91 to 9.2 yuan. Thus, from the Hong Kong-listed Gome achieved since 2004, Huang Guangyu action on a total of three times cash for nearly 40 billion.
Huang Guangyu This time three cash operations, natural is "forced" because GOME (HK0493) public float only by Huang Guangyu of the reduction increased to 25% of the Stock Exchange to the provisions of this cordon.
Some fly it real estate
The placement shares were at least 12 billion fund, and for use GOME sent to the newspaper's source said, "based on strategic planning, mainly for non-listed part of the development of GOME, and further consolidate national U.S. electrical industry leading position in its international development and lay a solid foundation. At the same time, will bring up some funds for the parent company's real estate business. "
This point, Huang Guangyu This time the use of cash funds allowed to invest in real estate business first goal of re-exposure to the public perspective. In fact, on April 4, Zhongguancun (000 931) issued a public notice said Peng Huang Guangyu of investment spent 78.55 million yuan investment in Thailand to become the second largest shareholder of listed companies, while Huang Guangyu Zhongguancun let through the acquisition of real estate Gome stained light. According to Peng, Thai investment in the equity structure, its 20% stake held by Beijing Gome Electrical Appliances Co., Ltd. (the other 80% is Huang Guangyu holding 82.59% of the Eagle investment), which makes Gome Huang Guangyu to the ambitions of the first to enter the real estate business degree of exposure.
Successfully reduced to "warning level" under the
Huang Guangyu This time the reasons for placing cash in the stock again, is to meet the Hong Kong Stock Exchange listing rules and requirements, to reduce his holding of shares in Gome proportion to 75% or less, to meet the public float of capital markets in Hong Kong not less than 25% of the requests.
Now, once again facing the public shareholding of less than 25% of the cordon, Huang Guangyu displaying three "cash in hands of a demon." Calculated by this reporter, the 140 million underwritten by Citibank to the independent third-party transfer of stock and 3,000 shares, the GOME (HK0493) will be 5.578 shares of public stocks to 727.8 million shares, accounting for 44.31%, non- 1,084,600,000 shares from the public sector fell to 914.6 million shares, accounting for 55.69%, obviously Huang Guangyu of the abacus is not here, but focus on the 7.0 billion acquisition of the shares after the Mainland, the proportion of GOME Electrical Appliances Co., Ltd..
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