Due to continuous losses, after the suspension of trading in North Asia on May 25, 2007, the investor group meeting of the first creditors' meeting on April 17, 2008 was a live vote, and only dozens of tradable shareholders attended, while the major shareholders and the "non-small" majority voted in favor, and finally the investor's equity adjustment plan was passed with the approval rate of 88.85%. Specifically: all non-tradable shareholders send shares to tradable shareholders, and tradable shareholders get 2.8 shares for every 65,438+00 shares. After the share delivery, the shares are reduced based on the total share capital, and the shares are reduced to 2.8 shares for every 65,438+00 shares. After the issuance of shares and the reduction of shares, the total share capital of North Asia is 27.43 million shares; Every 10 tradable share becomes 3.584 shares, and every 10 non-tradable share becomes 1.844 shares.
The legality of this kind of behavior is questionable. In addition, North Asia involves many complicated factors, such as the chairman's economic crime, and individual shareholders have ulterior motives. In recent years, minority shareholders have repeatedly rejected unfavorable restructuring plans, and constantly called on various state departments to safeguard their own rights and interests and recover assets in North Asia.
After efforts, the new restructuring party, AVIC Group, entered the market on June 27th, 20 1 1. S*ST North Asia will hold the second extraordinary shareholders' meeting and shareholders' meeting related to the share-trading reform on 20 1 1 to consider relevant proposals. AVIC's restructuring plan won the support of most shareholders. On February 3, 20 12 12, the restructuring plan of S*ST north Asia was conditionally approved by M&A and the restructuring Committee.
The Company transfers capital reserve to all shareholders, and transfers 8 shares for every 10 share; In addition, for every 10 share, 13 share is transferred to the shareholders of tradable shares. In addition, the reorganizer AVIC also promised to donate some shares invested by AVIC to North Asia. The issue price is based on the average price of 20 trading days before the suspension of trading on April 27, 2007, and finally determined to be 7.72 yuan per share after considering factors such as the shrinkage of shares in North Asia and the increase of provident fund.
At present, the resumption of listing is certain and time is not important. What matters is what the listing price will be, hehe ~ ~
There are still 3 days before North Asia stops trading. I wish you an increase in wealth ~