Category: Money Tips Date: 2007-01-07
Figures for the market, Zhang satellite recently proposed the "Golden Bull Energy stock issuing illegal, should stop its split share structure reform," point of view, Taurus Energy today issued a public notice that some of the media to establish the legality of the Taurus energy released by inappropriate remarks damaged the Taurus energy company's image, on the ongoing split share structure reform had a negative impact and damage of the Taurus energy of all shareholders. In this regard, Taurus Energy reserves the right to the relevant persons responsible for the prosecution.
Has been actively involved in the split share structure reform, the great debate Zhang Weixing, a few days ago through the media, Taurus energy is used to raise the establishment of joint-stock listed companies tradable in the past, a state joint-stock company set up to raise the existence of illegal distribution of legal legacy. On the company's prospectus, can be seen everywhere, "AG (build)" message. Among them, 32500 Xingtai Mining subscribed shares, the public to subscribe for 10,000 shares. Shares of each shareholder who is funding the new shares, therefore, is no dispute among the various shareholders, "with the sub-issue."
Zhang satellite industry, according to the "Company Law" which states: an issue of shares to be shares with the same rights, with the shares of the same benefits. With the second issue of shares and price per share should be the same as the conditions of issue. Taurus Energy Holdings Company and the individual shareholders of the real contribution is that the sponsor major shareholder Xingtai Mining (Group) into a listed company Taurus energy assets 495.57 million yuan, equivalent to 1.525 yuan per share amount invested / Unit. Public funding of 783 million yuan shares, equivalent to 7.83 yuan per share amount of funding / Unit.
Zhang satellite industry, as a way to raise the establishment of the various shareholders, is the undisputed link between the release of "the same sub-issue", the sponsors and the major shareholder of the public have any reason there is such a large amounts of capital per share, close the gap? The only clear explanation is the major shareholder Xingtai Mining promoter clearly illegal, there is a serious contribution shareholder shares false violations. Although the pilot in front of three listed companies, there are also above this issue, but because of in front of three listed companies, IPO process and the different energy companies Taurus, Taurus Energy is a company established to raise, so illegal and low-cost access to equity shareholders of this illegal distribution problem for everyone to see more clear, contrary to the legal provisions are also more pronounced. He therefore called for: an immediate cessation of Taurus energy in the process of split share structure reform.
Zhang satellites for this view of the Taurus energy in the latest announcement stressed that the companies to set up, issuance of shares to fulfill all the necessary legal procedures and obtain approval of relevant departments in accordance with law, is lawful and valid. Taurus energy companies to set up the relevant information has also been in the initial public offering of shares in the prospectus were true, accurate and complete disclosure.
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Data shows that in the full circulation Chang satellite design program is the first Major Holders respected program.
Into the first batch of pilot four listed companies have opted for Major Holders as the right price, of which at least is the Taurus energy, commitment to give 2.5 shares for every 10 shares. In the event of a "related party outstanding shares of speculation," the negative news, the company's share-trading pilot had carried out fine-tuning adjustment programs, an increase of major shareholders Xing Mining Group's two commitments: to access to the circulation of shares held by major shareholders the right to After the freeze period extended from 18 months to 24 months; and set a minimum reduction of price, currently set at 8.71 yuan.
