The successful bidder will become the largest shareholder of ghd outlet Group last year to early this year, one after another in the secondary market through the sale of the GHD equity in exchange for more than five billion dollars, enough to repay less than 50 million of debt to keep this shell resources of GHD. GHD Group bid auction equity security shell is indeed a ridiculous move, the auction process, the Group of 77 No. placards GHD is the last to contend with on the 11th bid band's enterprises.
ghd australia Group is finally willing to spend the price of higher than 10 times the amount of the debt, and apparently GHD Group placards bid only auction final price of the booster. GHD per share price has doubled eight times the closing price; the former major shareholder of GHD Group is ultimately a complete exit. According to the reporter to understand from informed sources,http://www.ghdstraighteneraustraliav.com/ the GHD asset restructuring began early last year.
Early in the second half of 2006, there was news that ghd due to the occupation of huge amounts of money of the largest shareholder was the China Securities Regulatory Commission the Jinan Inspection Bureau survey, the end of 2005, the take up of GHD Group and related companies through business channels, non-operating funds 216 million yuan. Meanwhile, according to the 2005 Annual Report, GHD Group is distribution center to the end of 2005, taking up the GHD nearly 700 million yuan in cash.
http://www.ghdstraighteneraustraliav.com/
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