By the end of 2009 so far Holdings GAIN the myth continues. The announcement yesterday, the total cost of 2.75 billion Hong Kong dollars, Sony VGP-BPS9/S Sony VGP-BPS9A the target company has acquired all the rights and interests of the Union Grace Holdings Limited. In addition, GAIN Capital Holdings Chairman Li Ka-Shing will be long and the Department of discount of 18.9% participation in the 400 million placement of shares. At this stage, GAIN Capital Holdings will be union Grace Holdings Limited and its subsidiaries days Lei Poly (Hong Kong) in the bag, entered the field of electrical vehicles and lithium batteries.
New price sparked a stock to rise sharply, January 26 Ka Shing Holdings has increased by 62.22 percentage points, he is touched intraday high of 1.57 Hong Kong dollars. In fact, the value of Holdings stock price boom, the myth has long been staged. The company last year announced the acquisition of days Poly Lei in energy companies hot news, stock prices will rise, from December 1, 2009 rose to 0.130 Hong Kong dollar on the Road January 26, 2010, in 1460 Hong Kong dollars, less than in February will be harvested 10 times between rising.
Qiao Shi cooperation capital
Memorable is the acquisition of this operation in the capital embodied in skills, the company does not pay cash, but not Li Ka-Shing placement of shares of the harvest of nearly 2 billion worth of Hong Kong species. Latitude D830 battery Y9943
The acquisition of the company’s total cost of 27.5 billion HK dollars. Among them, 100 million Hong Kong dollars in cash, $ 156.7 million Hong Kong of 0.2 yuan per share of approximately 783.5 million shares issued to pay for the shares; 2.493 billion dollars Hong Kong to release 8-year zero-coupon convertible bonds to pay the exercise price of convertible bonds with HK $ 0.2 can be fully convertible into 12.466 billion shares. Issue price and the cost of shares exercise price of convertible bonds than those before the awards ceremony closing suspension of approximately 77.78% if the buyer the full exercise of convertible bonds, shareholders increase to 83.6%. Fini, one day, the boss of Poly Lei and Miao Zhen-Xin Zhong Guo Jia will be designated as a gain by occupying the post of directors.
The Li Ka Shing Ka Shing Holdings to watch the program award. Distribution price per share of 0.73 HK dollars, representing a discount of 18.9% before the suspension. Raise 292 million Hong Kong dollars, net of 290.5 million Hong Kong dollars. The company said, including $ 1 billion acquisition activity in the farm products to pay for part of the consideration, the balance will be used to pay for the construction of Poly Lei update the production facilities of the battery, costs construction and corporate liquidity further. Satellite A80 battery Satellite M100 battery
Thus, gain possession of the cash portion of the purchase price of the base salary by the Li Ka-shing, the company shares and convertible bonds as a cost, and placement of shares from the Li Ka -shing was 190.5 million Hong Kong dollars in cash.
Market participants said the purchase price will shares and convertible bonds, such a combination of cash payment does not cause the company controlling the changes. That means no back door in the days to White Poly Lei, while the existence of convertible bonds, but also for future inscription of days Poly Lei announced. Coupled with the star effect of Li Ka-Shing, will naturally lead to the desired market.
Optimistic about the market prospects
Li Ka Shing Ka Shing Holdings hand to enter the market moves in an electric car, Buffett could not help people in the history of the lithium battery business potential. Of course, significant investments in this area of the capital is not only the two older brothers. Zhong Jia Xin Lei days per unit of energy in the second half of last year investment has invested 30 billion yuan in the electric car project, a record national investment in this area the most. IBM ThinkPad T40 battery IBM ThinkPad T41 battery
Xiangcai Securities researcher Shun Feng told reporters that the electric vehicles and the market for lithium batteries, the future of a huge room for imagination, which is triggered capital have involved lorries the main reason. Currently, an electric car needs the equivalent of a volume cell phone lithium battery for 1 million times. If the electric car promotion will release a large number of market demand. Feng Shun I called eg “our annual car sales of 10 million to calculate, if one thousandth of electric vehicles per year is 1 million units, demand for lithium batteries is equivalent to 100 million units the amount of mobile telephony. “
The latest rumors in the market once, in February this year, the state will set up a private placement of a regime of pure electric vehicle grant. With the State Grid and China Southern Power Grid layout contemporary charging stations for electric vehicles active market is not difficult to paint the beauty of Electric Vehicle blueprint industry. Shun Feng said: “Before five years, the company lithium battery, comprising about 25% growth rate was mainly due to mobile phones and notebook market driven. Thereafter, if the electric vehicle market will be a breakthrough, it is not difficult to maintain such growth rates. 367759-001 F2024A