ST Yanhuang nowadays disclosed that
recently, the company obtained the controlling shareholder in companies
transferred for the South Washington Newspaper celebration "on the
significant progress inside the restructuring of assets belonging for the
letter,"tory burch miller Southern Newspaper celebration in July 27 failed to accomplish
its authorities prior to approval. It also enables the company to make
utilization of in a very amount of main asset restructuring postponed and
experienced to suspend the restructuring.
Yan Huang * ST announced three weeks ago, the company is working using the
Southern Newspaper celebration Washington preparing a main asset restructuring,
and has reached an original agreement, the Southern Newspaper celebration
intends to inject its working core assets.tory burch reva Southern Newspaper celebration
concerning the proposed backdoor, so that five-year suspension of listing * ST
Yanhuang see the "rebirth" belonging for the dawn, the company
promises will be disclosed within 30 times of the main asset restructuring
plan.
Statistics display how the Southern Newspaper Group's assets and 11 newspapers,
eight journals, five sites and an Press.tori burch getting a re-side, the Southern
Newspaper celebration have typically preferred to accomplish achievement
through the backdoor listing.
Prior to that, there are lots of publishing and mass media agencies to become
comprehensive through the backdoor. for example Zhejiang Daily celebration * ST
white backdoor, backdoor Xinxingufen Jiangxi Publishing Group, Publishing &
mass media celebration Yangtze River in Hubei supply of fat too as other
backdoor * ST. Statistics display that presently there certainly are a massive
selection of national print mass media class for comprehensive companies, and
most will choose backdoor approach.
However, as a end result of delays inside the Southern Newspaper celebration
departments to acquire approval, reorganization dragged. * ST Yan Huang,
respectively, on may possibly 25, June 25 published a notice that, in spite of
the simple fact how the Southern Newspaper celebration on main asset
restructuring to actively communicate using the authorities and assertion the
pertinent material, but approval has not arrived, and once more helps make the
re- extension.tory burch miller thong The company announced the extension belonging for the second
restructuring, stated that if they failed inside the July 27 board getting
together with to consider the times of main asset reorganization, the company
promised to continue as soon as feasible after the expiry belonging for the
above approach and market the brand new main asset restructuring.
Listing has been suspended five-year restructuring * ST Yan Huang has
experienced numerous poor experience. For three consecutive many years of
losses, the company in may possibly 15, 2006 suspended the commodity exchange;
September 13, 2006, in Washington in an available auction costs become the
greatest shareholder * ST Yan Huang; feb 2009, * ST Yan Huang complete the
split write about framework reform, and announced in August that year with
Runfeng celebration restructuring matters, but the macro-control of real
estate, 10 November 2010 announced the termination of reorganization.
* ST Yan Huang stated that inside the southern department belonging for the
newspaper obtained its approval prior to the documents, the company suspended
its preparing a main reorganization of assets related matters, will continue to
market a main asset restructuring as soon as possible.
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