The United States 11 billion 200 million acquisition of unlisted assets overall listing of the earl

the United States $11 billion 200 million acquisition of unlisted assets overall listing as early as October

[TechWeb] reported on July 28th news, according to media reports, Gome acquisition of the parent company to achieve the overall listing of unlisted assets, and the first to be completed in 2015 October. Once completed, the controlling shareholder of its major shareholder Wong Kwong Yu Gome will increase to 50.52%.

it is understood that, in July 26th, Gome announced, intends to acquire the controlling shareholder of a wholly owned subsidiary of Ewell Development Co. Ltd. all equity issuance, the controlling shareholder of non listed retail network and supply chain assets of listed companies into the transaction, the total purchase price of 11 billion 268 million Hong Kong dollars.

Gome chief financial official Wei said that the transaction behavior is the financial data in Yi Wei Development Co. Ltd. in June 30, 2015, the completion of the audit around mid September, in October 15th before the transaction issued by the shareholder letters and held independent shareholders’ meeting, and obtain approval in the independent shareholders’ meeting. In other words, the United States as a whole will be listed as early as October, the completion of the first in 2015.

in addition, the July 26th announcement revealed that the majority shareholder Wong Kwong Yu and its concerted action is currently holding 32.43% stake in gome. Once the transaction is completed, the United States listed part of the assets into the listed company, Wong Kwong Yu and its concert parties stake in Gome will increase to 50.52%. After the issuance of new shares and fully exercise the certification stake, the shareholding of about 55.34%. (Aruhan)

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