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作 者:REN WEI
机构地区:[1]Business editor of Shanghai Daily
出 处:《China International Business》2006年第9期48-48,共1页中国外经贸(英文版)
摘 要:On July 18, Shenzhen Development Bank Co Ltd failed to receive an approval from holders of tradable shares to implement its share structure reform, a setback that dims the outlook of the city-level lender. In order to get 68.82 percent of non-tradable stakes listed on the bourse, the Shenzhen bank offered 0.048 yuan (0.6 US cents) a share to tradable share owners as compensation. The proposal was opposed by holders representing 37.28 percent of tradable shares, and 23.79 percent abstained. The China Securities Regulatory Commission has stipulated that listed companies cannot implement their share reform plan unless they first secure two-thirds of votes from tradable share owners.
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