Current Oolong announcement on asset restructuring

2022-08-12
  • Detail

Shanying paper asset restructuring now Oolong announcement

the results of information disclosure of listed companies are inconsistent, which will seriously affect the final decision of investors. Shanying paper (600567) announced today that the company's issuance of shares to acquire assets still requires the CSRC to exempt Taisheng industry and persons acting in concert from the obligation of tender offer. However, just three days ago, Shanying paper issued a notice that Taisheng industry and the persons acting in concert applied for exemption from the tender offer and obtained the approval of the CSRC. Investors are confused about what happened

according to the acquisition announcement released by Shanying paper today, the company plans to issue shares to acquire Ji'an group, a subsidiary of Taisheng industry. At present, the listed company Shanying paper has passed the approval procedures of the board of directors and the general meeting of shareholders for the proposal of issuing shares to purchase assets and supporting financing. The controlling shareholder Shanying group has also passed the proposal of the board of directors and shareholders' meeting for the transfer of its 7.5% state-owned shares in Shanying paper, and has received the approval of Anhui SASAC for the transfer of state-owned shares

in addition, the acquisition announcement also said that the transfer of control rights caused by this transaction has been approved and released by the state owned assets supervision and Administration Commission of the State Council and the Ministry of Commerce. The merger and reorganization committee of the CSRC also adopted the plan that 6-bromocyclo102-alkane can be transferred to baby easy through this share issuance to acquire assets last month. But at the same time, it is pointed out that this transaction still needs the approval of the CSRC to exempt Taisheng industry and the persons acting in concert from the tender offer obligations triggered by this acquisition

in fact, just three days ago, Shanying paper issued a notice that a major asset restructuring and the application of Taisheng industry and the persons acting in concert for exemption from the tender offer were approved by the CSRC. This means that the content of the acquisition announcement released by Shanying paper today is inconsistent with the announcement of exemption from the obligation of tender offer issued on July 20

it is not difficult to find from the announcement issued by Shanying paper on July 20 that the tender offer obligation triggered by the above transaction has been exempted by the CSRC. According to the exemption announcement, the CSRC approved to exempt Taisheng industry from its obligation of tender offer due to its assets subscribing for the shares issued by Shanying paper, which accounts for 48.31% of the total shares. In other words, the CSRC has previously approved the company's application for exemption from the offer

in this regard, a lawyer who has worked in the securities industry for many years told the Beijing Business Daily that according to the announcements issued before and after the company, Shanying paper has violated the administrative measures for information disclosure of listed companies and may be warned and punished by the regulators. Such mistakes are likely to be caused by the company's own internal control problems, unprofessional staff or mistakes. However, in any case, the announcement of listed companies is the main channel for their external information disclosure. While undertaking the necessary obligations, they also undertake certain legal obligations. If there are problems in the disclosure of announcement information, it means that the listed company itself is derelict and irresponsible to investors, and should be punished

it is understood that article 2 of the measures for the administration of information disclosure of listed companies stipulates that information disclosure obligors should disclose information truthfully, accurately, completely and in a timely manner, without false records, misleading statements or major omissions. Therefore, Shanying paper 11. The Oolong announcement with a shear sample diameter of 10mm (optional) has violated the letter approval regulations. The lawyer said

the acquisition announcement shows that Shanying paper purchased assets at a price of 2.974 billion yuan and plans to issue 1.59 billion shares to specific objects at an issue price of 1.87 yuan per share. It is worth mentioning that Shanying's share price rose 2.46% yesterday after being exempted from the offer by the CSRC on the 20th. Previously, Shanying paper's share price fell for three consecutive trading days

Shanzai Z drop hammer impact experimental machine experimental system, Eagle paper has recently obtained the approval of the China Securities Regulatory Commission due to its unique honeycomb structure announcement comparison

July 20 announcement

Shanying paper on major asset restructuring matters and the application of Fujian Taisheng Industry Co., Ltd. and the person acting in concert for exemption from tender offer acquisition

July 23 announcement

this transaction still needs the approval of the China Securities Regulatory Commission to exempt Taisheng industry and the person acting in concert from this transaction Tender offer obligations involved in the acquisition

Copyright © 2011 JIN SHI