microofficegreen's Blog

TCL group entering two yuan stocks ranks Microsoft

TCL group announced yesterday, said to satisfy participate in TCL group in the year 2010, the non-public issuance of stocks generated about 100 million dollar loan, the chairman of the company, set by li dongsheng on May 23, 2011 the company pledged the infinite sold 116 million shares of the current conditions of 40 million (0.47%) of total equity ownership lifted the pledge.
Li said, since then announced the expected future within three months, will reduce held reduced stake is not more than 40 million shares. By the end of 2011 on May 23,, li dongsheng hold TCL group of 466 million shares, accounting for 5.50% of the total share capital, 76.4584 million shares (the holders of tradable shares sell for unlimited conditions) has pledged, accounting for 0.90% of the total equity.
Affected, TCL group to 4.98% yesterday jumped empty low open, at 10 a.m., 40 minutes or so, as grail innovation, share prices even lower minimum heavy defeat-9.3%, then share prices have rebounded, but still below $3 at the mark 2 yuan shares into club, and agriculture bank is only 3 cents.
Executives taking the debts of the li dongsheng in advance, is involved in TCL group directional shares last year when debts of. Data shows, li dongsheng subscribed for 72.2544 million shares, the use of real gold and silver reached 250 million yuan, this part of the subscription shares limited sales period for 36 months.
Since this year, as TCL group reported equity incentives, high, new energy to turn in xinjiang, samsung electronics company hand in hand and so on a series of blockbuster news, TCL group's share price is soaring, and constantly hitting the market anticipation cap, reached the highest high send turn before 6.86 yuan/shares, since this year or once as high as 95%. Rough--the value of the shares subscribed for li dongsheng shares already beyond the original cost 250 million yuan, according to yesterday's closing price, the book is full of $166 million has been floating.