129724941998675594_48"The magazine Roundup" story disputes ST seven "body". The Shanghai Securities News reported that the Shenzhen Stock Exchange the latest information about practicing Wei Fei ST, Chairman of seven decisions of the disciplinary action, identified as practicing Wei Fei in a media interview with misleading information, causing shares of abnormal fluctuation and omissions have their information provided to the company, resulting in inaccurate clarification announcement disclosure content。 Shenzhen Stock Exchange pointed out that the media interview training Wei Fei to answer the question do not carefully, contains misleading information, leading shares after media reports of abnormal fluctuation. In early June 2011, training when interviewed by a journalist in Shenzhen Wei Fei on its overseas assets owned by what is the development plan for the future, replied, "If you cannot obtain financing in Hong Kong, not on theHong Kong-listed, it would not rule out the possibility of mining assets into financing or listing on the a-share listed companies. "After that, the media published reports that" practicing Wei Fei pointed out
star wars the old republic Warzone Commendation power leveling, did not rule out such a project mounted seven listed companies to obtain more resources required to fund acquisitions in other countries, goal continues to be Africa. "The reports caused the company's shares, on June 3, row 2Session daily limit. Practicing health is flying another breach, to ST seven information provided is incomplete, resulting in inaccurate company clarification announcement disclosed content. Identified, ST seven reported practicing Wei flew to verify the aforesaid matters, its written confirmation have mentioned in the report of the overseas mining assets 48% equity, but said no asset injection for the company in respect of the item, such as meterAnd pledge 6 months did not restructure the company, ST seven was released on June 8 clarification announcement, shares still daily limit on that day. A few days later the ST transaction verification notice of seven confided the truth, 24% ways of Wei Fei only with overseas assets owned (concerted action owned another 24% persons), is not a controlling shareholder, and is now listed on the project and Hong KongNew Island signing a memorandum of the company, new island printing may acquire practiced Wei Fei and concerted actions-owned 48% shares.
Shenzhen Stock Exchange believe that practicing Wei Fei cannot provide exact stake, clarification announcement of cooperation with the new island printing memos
swtor Mercenary Commendation power leveling, and so on, resulting in inaccurate company clarifies disclosure content. Based on the violation of the above facts
star wars the old republic commendation power leveling, Shenzhen Stock Exchange on training and guard flew to inform grantComment on sanctions. It is worth noting is that looking back at ST seven movements in stock prices, practicing Wei flew through the media "spread rumours" Shi came as shares of consecutive falls, boast seems to be deliberately injected assets into them. Another background is associated, May 2011, being ST seven actual control Li Chengbi son-in-law practiced Wei flew, with 7.06/unit price buy $ 25 millionShares, as the company's second-largest shareholder.
Therefore, ST seven's share price and its own interests are at stake. Is very similar to December 2011 ST seven shares fell sharply again, minimum fell to $ 6.39, the company was a "timely" disclosure of titanium minerals total underwriting contract with Hong Kong-Canton new, wholly owned by the Hong Kong-Canton new continental mining,Is June 2011 is passed into the ST seven overseas mining assets.
Messages after the disclosure, ST seven "answered" even 4 daily limit. However, the two sides signed underwriting contracts exist many doubts. By Convention, ST seven will $ 50 million for 5 years in advance payment in advance, and lock $ 850/ton pricing basis from November 2010 to 2011 prices during the year in October, this time titanium ore price highs in price is 28 months; in addition, mining until March this year are expected to start production on the Mainland, uncertainty about their production, supply capacity, business prospects of Ethereal. "Author: Caijing Roundup" (Editor: Jin Yunhui)
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