The hottest Wanma cable restructured and purchased

Wanma cable restructuring purchase group cable assets

the restructuring that Wanma cable has been planning for a long time finally went further. On July 25, the company's general meeting of shareholders passed a new revised plan. According to the restructuring plan, the company plans to purchase 100% equity of the three companies owned by the controlling shareholders, venture capital and individuals, with an estimated value of 1.009 billion, and raise 252 million supporting funds, so as to achieve the overall listing of the wire and cable business of Wanma group, the actual controller

the restructuring planned by Wanma cable for a long time finally went further. On July 25, the company's general meeting of shareholders, in which the news of "bidding for the establishment of private banks" was not without the adoption of a new revised plan. According to the restructuring plan, the company plans to purchase 100% equity of the three companies owned by the controlling shareholders, venture capital and individuals, with an estimated value of 1.009 billion, and raise 252 million supporting funds, so as to achieve the overall listing of the wire and cable business of Wanma group, the actual controller

previously, in early June, Wanma cable put forward a restructuring plan of 1billion yuan. Relay company plans to issue 153million shares at 6.61 yuan/share to the controlling shareholders Zhejiang Wanma electric cable group, jinlingda industry, Wang Qun'an, Zhang Desheng, etc., to purchase 100% equity of Zhejiang Wanma polymer, Wanma Tianyi communication cable and Wanma special electronic cable that it holds and can carry out experiments and provide testing data according to GB, ISO, JIS, ASTM, DIN and other international standards; At the same time, Wanma cable will also raise matching funds from no more than 10 qualified specific objects through inquiry, and the issue price is set at 5.95 yuan/share

according to the prediction, the net profit of Wanma cable is expected to increase significantly after the completion of this transaction. Based on the financial data of the second year of 2011, assuming that the three companies have injected, the net profit of Wanma cable will increase from 104 million yuan to 174 million yuan. The listed company will own 100% equity of Wanma polymer, Tianyi communication and Wanma special cable, so as to realize the overall listing of the wire and cable business of Wanma group

however, some investors said that Wanma cable did not seem to have much confidence in the restructuring. The farce that baogutuhu copper mine signed an intention to cooperate and then terminated the contract soon, which was previously staged by Wanma cable, may itself be a capital game to help increase the issuance. With the continuous decline of the market, the share price of Wanma cable has also suffered a blow. Since June 8, when the restructuring plan was thrown out, the share price has fallen all the way, with a cumulative range of as high as 27.58%. Now the share price is below the increase price. On July 5, Wanma group, the controlling shareholder of the company, promised to add a one-year sales restriction period to its shares held before the company's initial public offering, which is a great escort