Zhang Jisheng 339 million outstanding auction trading company shall idling tripl

"Sanlian Group has not provided the remaining auction time will be deposited in the designated account of Jinan Intermediate People's Court." Shandong Huaxing Auction Co., Ltd. Sun, general manager of Red Star on May 23 at 4 pm, told reporters.

Last Friday, Joint Group to 14.90 yuan per share / share price auction to
Triple Trading Company 9% stake, involving an amount of up to 339,000,000. According to regulations, net of 8 million yuan deposit, Joint Group to auction in the 16th after five working days, that is, at 16 o'clock on the May 23 auction before the remaining section into the designated account of Jinan Intermediate People's Court.

"We still have not received triple commission payable by the Group's 2.83 million yuan." Sun Star, told reporters, according to auction rules, the buyer should complete the auction within 3 days after the auction to pay the auctioneer's commission , that on the 19th of this month, triple the Group should be bought for the auction, "the first single."

After the May 17, triple trading company announcement that the last Zhou Wugang be triple group photograph in the 2276 million shares on May 14 by the Shandong Provincial Higher People's waiting to freeze.

The news for the equity trading company on the confusing dispute triple hiccups have risen again.

Triple trading company stock Jiangzai auction
"Triple Group is very tight chain of funds, despite the continued reduction before trading company shares or auction triple recouping a lot of cash, and recently also in Guangdong Zhu Rajda Regal became a strategic cooperation agreement, but the one-time pay 3.39 billion huge sum of money is still not match. "insider told reporters.

"Moreover, the left hand option is not so simple for the right hand of the game." The people of that, if paid in cash, it means that this part of the freezing of the shares lifted the ban. Although the share ownership, but still the second largest shareholder, with the loss of the Group compared to the much-needed funds, apparently not worth the candle.

"Sanlian Group can pay auction models, to avoid re-sale equity and GOME Electrical Appliances Group will be competing triple triple trading company key to controlling the board."

Home Appliances Liu Buchen, experts said.
Need for participation in auction to pay 8 million deposit in advance, so if there is no way Sanlian Group delivered within the specified time the remaining funds, 8 million deposit will be forfeited. Light Huatian Cheng Hai Yaao before the auction through the triple trading company shares, as provided at the time, no way to pay the bid amount, the deposit forfeited.

Liu Buchen, said that if the triple group able to pay 339 million of auction amount, then there will not be auctioned because they can not pay the debt and equity to do triple trading company.

In addition, because prior to the actual control of light Huatian Cheng Zhang Jisheng Zhu Rai and co-operation between the existence of a series, so do not rule out Zhu Zhang Jisheng Rye may provide financial support. But if Rai Zhu Zhang Jisheng 339 million to support the acquisition of triple trading company, then before he had sufficient funds to purchase triple trading company, would not be faced with paying bidders shall not be forced out of position. Therefore, to provide funds to Zhang Jisheng Zhu Rai is unlikely.

"I guess that is up for sale Sanlian Group's strategy to maintain the option to freeze, keep the auction does not matter, the future can be best realized high prices." Informed sources told reporters.

Management team in June or presence
The one hand, equity dispute, the other country the United States and triple groups battle over control of the board. Liu Buchen, that if the triple aspects of the Group continue to indulge in equity and eventually triple the value of trading companies will disappear. "Cooperation is a win-win, war is a lose-lose." Liu Buchen, think.

But so far, Gome triple trading company to be accredited to the management team is not entered.

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