subject: Xiangyu Group Established By The End Of November Backdoor Program Announced Amoi - Amoi, Amoi Cell [print this page] Once high-flying Amoi Electronic Co., LtdOnce high-flying Amoi Electronic Co., Ltd. has now been reduced to a state of bankruptcy reorganization. Reporter yesterday (November 16) from Amoi * ST (former stock symbol 600057.SH, from May 27 this year, suspend listing) was informed on November 13, the company held its first meeting of creditors and investors and the General Assembly, the relevant motion were passed, which means * ST Amoi end of bankruptcy reorganization plan. Next, set up in Xiamen City, the lead manager of the SAC will be announced restructuring plan * ST Amoi Next, the company ranked fourth hundred Xiamen Xiamen Xiangyu Group Co., Ltd. will participate in the * ST Amoi reorganization, and possible backdoor listing.
Reporters yesterday from a senior Department * ST Amoi confirmed Xiamen Xiangyu Group has decided to participate in restructuring * ST Amoi, Xiangyu Group involved in the restructuring plan is expected end of the month, as the existing Amoi
Mobile Business and the retention or abolition Amoi trademark has not been finalized.
Debt was only 278 million shares
Clear debt under the proposed program managers, all shareholders will be transferable in accordance with a certain percentage of shares held by Amoi. Amoi Electronics Co., Ltd. of which the majority shareholder transferring 100% of their shares (185,209,632 shares, the conditions for the limited sale of shares), shares held by other shareholders were transferring 10% (24,463,037 shares, of which 50,306 shares for the limited sale Condition of the outstanding shares), all shareholders a total of 209,672,669 shares of alienation.
In accordance with the restructuring plan, transferring the shares of all shareholders, 7,000 shares (including 24,412,731 shares for the unlimited sale of shares outstanding) for the settlement of claims, all shareholders of shares of 13,672,669 shares of alienation from the reorganization of parties qualified by the Let.
4 29 , * ST Amoi last trading day before delisting to close at 3.98 yuan, tightly to seal in the daily limit board, this share price, this time for the satisfaction of claims for the value of 7,000 million shares 278 million.
Addition to reimbursement of part of the debt by transferring foreign shareholders, managers before the auction of the assets of the company debts. Amoi's assets will be divided into five parts auction, comprising the electronics inventory, debt, equity, real estate and machinery, liquidation of assets will be part of this five Xiamen local auction house for 5.
According to Amoi notice before, the company's total debt reached 27 billion, even if the re-implementation of the program can not solve the debt problems of all. It is said that Xiangyu Group, Amoi is a large holder of the debt as high as 800 million yuan. But eventually re-passed the creditor or the program, indicating that some creditors may be willing to become "shareholders."
Amoi brand or they will be sold
Reporter yesterday (November 16) from the number of high-level Department confirmed Amoi, Xiangyu Group, will participate in the reorganization, the manager of the underlying assets to Amoi after the debt deal will be announced in summer Xiangyu Group of backdoor The new program listing.
"Will be released in the end of November, investors and creditors of the General Assembly and the Assembly have passed, will soon be released." Amoi Electronics, told reporters that a person, as all managers in the operations integration program now behind the management reorganization and restructuring plan is not clear.
An overseas mobile phone business for Amoi who told reporters yesterday, as the company's current situation, overseas business is also affected to some extent, but still in operation.
Amoi mobile phones for business and the brand is going, the outside world there is news that will remain in the listed companies, and other backdoor listing Xiangyu Group will choose the right after the completion of the sale. Another source said further Sichuan Jiuzhou Electric will take plate.
Amoi President Lu Zhenyu
but in an interview yesterday, this is not the time to respond.
