The board typically based on the assumption does not consider any proposal

September 14th, 2010

Huang another card to play – 55-65%, the new shares offered for subscription, Chen Tong, the problem of the new shares under the existing problems which are not authorized to make decisions which correspond, generally based on the Board does not take into account any suggestions the virtual. “At the same time, the Board, that given the company’s Shinning Crown officials, according to a list of rules, companies that meet the requirements of the sole shareholder, Mr. King could not be considered.”

“Even though adding up to the next, depending on the current ownership percentage of shareholders accept the request to join a large number of shareholders, but not to add will be conducted.” Gome, said the sources.

Gome additional 20% of 55-65 percent, said subscription of new shares, according to Gome’s current stock price of the subscription of new shares, meaning 17 to 20,000,000 shares, following a 5% premium to calculate the Yellow House 4.0 out at least 100 million Hong Kong dollars.

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