Friday, December 3, 2010

States United States and the Council? .Smoke has not cleared the yellow house cards or by.

After fierce fighting the past six months, Huang Chen parties select all else fails, the United States control over the war downgraded the long-term future within the game board. .The Huang family once the control board in May next year, Chen administration to be the last time the U.S. State. .<P> 11 月 10 日 20, Eagle Building, 35th floor, Block A and B, 18 floors are still brightly lit. .A, 35 layer, Gome (0493, HK) major shareholders Shinning Crown's executive director Huang Xiuhong in a thin layer of "Memorandum of Understanding" signed their names on, in Hong Kong, another executive director Dalloway .also signed his name with the electronic signature. .A few minutes later, the document was sent to B, 18th floor headquarters of Gome, Gome Chairman of the Board Chen quickly signed his name on the document. .</ P> <P> no handshake, no embrace, no champagne, no cheering, as the document signed on the three names, has been going on for nearly half a year into World War II ended Gome control. .</ P> <P> in the "Memorandum of Understanding", the two sides agreed: First, the Board will hold a special shareholders meeting, the Board places from 11 to 13; Second, if the EGM approved, co-opted .Huang Yanhong Zou Xiaochun and two agents from the major shareholders to the board. .</ P> <P> two hours after signed by both parties, Gome released on the "Memorandum of Understanding," the announcement. .Meanwhile, Huang Guangyu direct control Shinning Crown sent an email to the media, the letter said: "If the founding shareholders of appropriate representation in the Board of Directors, a founding shareholder of Gome Electrical Appliances Group will have no intention now to terminate any part listed and unlisted between .internal agreement, and will continue to comply with those terms. "</ P> <P>" I do not mind if you use the word compromise the two sides. "Huang on behalf of the family spokesman said. .He Yang Qing, vice president of Gome shares the "Business Weekly", said the two sides on the basis of common interests based on the sincerity of this eventually led to reach a compromise, "the United States from entering the country stable." .</ P> <P> 11 11, which released more than a dozen hours after the settlement announcement, the Hong Kong investors to buy the way with a large response to this "Memorandum of Understanding" - the day the broader market did not highlight the situation of Hong Kong equities .Next, the United States rose by 20% the highest share, up 18% to close at the end. .</ P> <P> up that day, so that the second shareholder of Gome Bain fetched about 3 billion, is Huang Guangyu, the major shareholder with nearly 20 billion in wealth accumulation. .</ P> <P> Wong Tan is understood that, contrary to the outside world did not expect, according to the "Business Weekly" understand this "memorandum of understanding" of the prototype in the Sept. 28 special shareholders meeting had been formed before .. .Sept. 26, Bain Capital's Jonathan Zhu, Huang's wife, rhododendrons, Chen is the presence of a negotiations, Jonathan Zhu proposed that two additional seats on the Board accepted the spokesman for the major shareholder, the additional condition that the party abandon Huang .to convene a special shareholders meeting two days later, Chen left office in three years, but does not sign any legal documents. .</ P> <P> but Huang was estimated to own the special shareholder meeting will be the odds, if dismissal of Chen and cancel 20% of the additional authorization, the Board sent to the shareholder's agent, no doubt far better than to accept Bain .proposal. .</ P> <P> but the September 28 voting results of special shareholders meeting has forced Huang embarrassment: in addition to 20% abolish the Board authorized the issuance of a key move to win, the other motions of the vote was narrowly rejected shareholders .. .</ P> <P> "We have won Chen knife hand." Extraordinary general meeting in Hong Kong site, the spokesman Huang side after the vote that the presence of the media said. .Chen can not cast the board of directors, won only one of eight move widely seen as yellow house has become a loser. .</ P> <P> in Zou Xiaochun still waiting for the Extraordinary General Meeting on-site voting results announced time, Huang had a few minutes before the results of that vote count, and Jonathan Zhu Chen has left Hong Kong and flew back to Beijing. .Vote at the scene two hours after the announcement, the cuckoo's mobile phone text message received from Chen: "Du total, we still hope to continue negotiations." </ P> <P> Chen of this message, a 9 .28 days after the start of negotiations. .The last time the negotiations were locked in on November 1. .On this point, the hidden reason behind is: August 27, major shareholders released a letter to the outside world with a strongly worded statement the force of law, if the voting on Sept. 28 are not satisfied with the results of Huang, Huang will consider stripping .Managed to 372 listed companies, non-listed stores; in fact, outsiders do not know is that the subsequent August 30, Chen behalf of the Board responded to a shareholder document tougher to declare whether September 28 .The voting results, will be Nov. 1 on whether to let go of non-listed stores, returned to the shareholder business. .</ P> <P> Interestingly, on August 30 issued by the Chen legal effect to this statement, there was no war of words at the time. .</ P> <P> "As far as I know, Bain firmly opposed to this statement known and amplified by the media." Huang areas close to informed sources. .Jonathan Zhu do have sufficient reason to require the statement to disappear from public view - because this statement is actually given the country public and private stores in the United States split the point in time in the law, the United States split, does not meet major shareholders .the interests of the great probability of leading U.S. shares plunged the country, but also the interests of serious injury Bain. .</ P> <P> 9.28 followed by eleven holidays. .But the two sides in the entire 10-month negotiations are unhelpful. .Rhododendron and Jonathan Zhu telephone exchanges between the constant short-term there are two or three meetings, but the consensus with the force of law but not one. .Chen and Huang Bain know, the non-listed stores division is the most potent brand, while Chen and Bain has clearly split the Huang family is really just do attitude, spin-off benefits for injuries Huang .more - will lose the one hand, Huang interests in listed companies, on the other hand, hasty split between the survival of independent stores is difficult, Huang Jiali interests most affected. .</ P> <P> compared to Chen, Huang Guangyu Zhu Jia is a side even more acceptable negotiating partner, at least, emotionally, Zhu Jia Huang is not threatened in the dying fish nets, each .demands are based on a pure interest - in these interests, the Huang family has the largest share. .</ P> <P> 10 later this month is the biggest test of endurance both for ten days. .Huang started to operate independently of non-market stores all the preparations, it is the worst result, ERP systems began to prepare to switch, the new regional manager, store manager in recruitment, or even supply agreements with some suppliers are .contact, some non-market goods stores are beginning to stock inventory, spare a spin-off posture, and let it from time to time through the media, said the possibility of convening a second Extraordinary General Assembly vote. .</ P> 1 2 <p> this navigation: </ p> <li class='cur'> Article 01: States United States and the Council? .Smoke has not cleared the yellow house cards or by <li> Section 02: the smoke has not cleared the yellow house cards or by.

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