Wanda Commercial Back To A Shares Or Old Way, The Main Way Is Still IPO

According to the voting results of the annual general meeting announced by Wanda business, it refers to the consideration and approval of the spot return and filling measures for the RMB A share diluted in the initial public offering, and the commitment of the directors, senior management, controlling shareholders and actual controllers of the company to take up the measure of immediate return on the initial public offering of A shares.

However, the contents of backdoor listing were not mentioned.

A month after the suspension of Wanda business, Xu Yong, Secretary of Wanda Commercial board, talked about Wanda Commercial privatization and the return of A shares at the 2015 annual general meeting.

Xu Yong said Wanda Group, as the offeror, is working hard to meet all the fastest time.

Requirement.

The company and the offeree are subject to supervision within the time limit, and can not respond to this, which is subject to regulations.

About Wanda Commercial listing on A shares is currently queuing up, the Internet has been fully disclosed, the specific time depends on the timetable of the regulatory department, which is not controlled by the company.

In other words,

IPO is still the main way to return to A shares.

Earlier, it was reported that because of the difficulties of IPO, Wanda did not rule out the possibility of returning to A shares through backdoor, and was already looking for shell resources.

In March 30th, Wanda business announced that it intended to privatize the company.

After the delisting, Wanda business will aim at A shares.

According to the announcement, Wanda Group said that the offer price of H shares is not less than HK $48 per H share.

At that time, Wanda Group needed to pay about HK $31 billion 300 million for privatization.

Wanda privatization project

The information shows that the Wanda business plan will be completed before August 31, 2018.

According to Wanda estimates, the market value of A shares will far exceed Hong Kong stocks.

Wanda Commercial chairman Ding Benxi said at the AGM annual meeting that the Hongkong market is going to measure the business mode of Wanda business with its own ruler.

In addition, on the problem of high debt in Wanda City, Ding Benxi said that Wanda city invested heavily and its liabilities would be higher.

"Our cash flow is basically positive. Why don't we make such a good project? Hefei Wanda city project, I intend to adjust the sales plan, slow down, raise the price, adjust it and sell it. This project has earned hundreds of millions of cash flow in addition to earning property, so this opportunity is not available, and the layout of Wanda city is also selective."

Ding Benxi said.

In addition, Ding Benxi explained the reasons for Wanda Commercial layout of the two or three line city.

Ding Benxi said, Wanda business settled in the two or three line cities, and even a good four line city, Wanda entered is the first, and then there is a traditional department store brand to enter, it is difficult to compete with Wanda.