Amoi dispute began with the CEC to address the debt restructuring Overture – Amo
Amoi
Electronic
August 12 announced on the evening, and the actual controlling shareholder of China Electronic (abbreviation CEC) regarding the mediation agreement is reached on the loan. Informed sources, the surface actually notice some very strange behind Amoi start substantive restructuring step.
China, Amoi Electronics and between public debt
The announcement very complicated, and people feel hard to understand, is mainly explained Amoi Electronics in China and the actual controlling shareholder of the relationship between the borrower and also revealed that China's Amoi Electronics prosecution.
Announcement said, January 25, 2008, Electronics and Industrial and Commercial Bank of China Xiamen Branch Office (hereinafter referred to ICBC) signed a "guaranteed maximum contract" on January 25, 2008 to 2009 1 25 dates on the Amoi ICBC's financial, security and other services, 337 million yuan in the maximum amount of guarantee to provide security. Amoi Electronics and ICBC was signed three loan contracts with the bank loan 28.1 million yuan, 31,900,000, 28,100,000 yuan to repay the debt, by the China Electronics in the "guaranteed maximum contract" jointly and severally liable under.
2009 3 13, because no repayment of the debt Amoi, China's electronics under the compensation agreement Amoi compensation to the bank debt. However, Amoi Electronics in China so far unable to repay the loan contract under the preceding three sections totaling 88.1 million yuan in compensation, China's electronics was made to the courts, requesting the Court to order: 1, Amoi pay compensation section; 2, China's electronic Amoi "amoi Amoi" whole range of marks in compensation claims have priority claim; 3, Amoi bear the legal costs.
Book under the mediation shown, Amoi should be August 5, 2009 China Electronics compensatory payments to repay a total of 88.1 million yuan, if no repayment in the period, China's electronics shall be entitled to its "amoi Amoi "The overall mark of discount or auction or sell off the mark be paid in priority, and the right to apply to the court to enforce the case of the admissibility of the cost borne by the Amoi.
Amoi re Overture
Insider, but this is actually a prelude to reorganization of Amoi Electronics. As the two major shareholders, between China's electronics and the Xiamen city government has been unable to reach agreement before, Amoi Electronics reorganization has been delayed for more than 1 year, but both sides may have been recently re-formed conclusions on Amoi.
Learned, Amoi may need to divest debt to the Xiamen city government, by the Xiamen municipal government affiliated enterprises digestion, and then restructuring. Amoi Electronics in China between only the first step to resolve debt problems. Currently, Amoi's brand values are still very high, therefore, whether electronic or Xiamen in China and want to see it disappear.
The notice referred to in China is not China's Amoi Electronics prosecution electronic Amoi have any comments, but rather a reorganization of the program only.
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