Category: Money tips Release Date: 2006-01-05
Recently, this reporter received a telephone consultation Ms Ng, reflecting the purchase of shares of a company in Chengdu, Sichuan happened. In 2001 she was introduced to students as to the price of 5.8 yuan per share, purchased 5,000 shares of the company's equity, in addition to a printed name of the managed care center in Chengdu card and an invoice from students outside the hand, and Ms. Wu there is not much on share transfers. Originally promised three years after the listing of the company until now still not listed, five years, but there is no dividend. Due to see a lot of the "initial" reports of fraud, Ms. Wu to the newspaper, seeking to understand whether and how to safeguard their rights deceived. It is noteworthy that this newspaper has repeatedly received similar complaints from readers and advice. Ms. Wu and other issues raised by the reporter consulted the relevant departments and legal counsel.
Shanghai United Assets and Equity Exchange:
We simply do not apply for the purchase of the so-called "initial" business, so the name of this flag is basically an investment advisory firm deceptive and can not be listed overseas. We have also received many such problems, complaints and advice, once again appeal to investors can not believe everything that investment company. Has purchased the "initial" investors can go to a local care center stock check whether this stock company managed to confirm it is true or equity transactions. If it were true, the company has delayed listing the associated activist investor is more difficult. Because there is no specific legislation related to constraints it, as long as the share purchase process legitimate, even if the intermediary can not be listed during the period promised there is no way. If Ms. Wu to Chengdu authorities have confirmed that their stock was trading does exist, a case in point. In this case, the investment is only a person's behavior can only be regarded as investment failure. As for the improvement of relevant legal issues, is now producing tubes Office and the Government is drawing up relevant measures and policies to manage such behavior.
Shanghai stock Hosting Registration Center:
Listing is to be approved by relevant departments, even in the overseas listing, but also need to be in the country's relevant laws and to approve, it is not readily believe the overseas listing of a number of agencies boast argument. Investors and intermediaries to enter into contracts and agreements, and does not guarantee the legitimate rights and interests of investors because it is subject to, "Pao Lu", even if these organizations still exist, but because it is not a direct stake in the company and the contract, so no legal effect.
The East Kunlun Law Firm:
In recent years, the East Kunlun Law Firm has also taken over a lot of such cases, those who invest in the means to get money intermediaries endless view of this situation, counsel caution investors not to believe the propaganda of these institutions to prevent cheated.
If you have purchased the rights protection needs of these initial offerings, then, need to distinguish between two different situations: If the share transfer is legitimate, meaning that investors trading center register of shareholders, but also with a series of legitimate and recognized by the law of the shares transaction documents. Purchase of shares under such circumstances the company can not market, can only be considered as investments fail, there is no corresponding laws to punishment. Number of investment intermediaries is the aim of this legal loophole, holding the prospectus and related documents to lure investors, the so-called market is nowhere in sight.
In other cases the investment intermediary acts entirely fraudulent behavior, such as falsely claimed that an overseas registered company are available immediately, with this excuse to recommend to the investors, the "initial" or use a non-existent companies to fraud of investors . In fact, written contracts and options are all false. If this happens, investors should keep all relevant information, including the original investment intermediary promotion, advertising, prospectus, the signed contracts, etc., such information can be used as evidence of material activist investor, investors can With these relevant evidence to the courts, through the law to punish those black-hearted intermediaries.
