Cuckoo tough stance: Chen must leave the country ready to split

On August 30, free, Huang guangyu wife, Huang guangyu family new world cuckoos, in the battle for control of the GOME, what exactly?

October 28, in return for almost two months later, the cuckoo finally strong out of the card.

On that day, Huang guangyu family spokesman said in an interview with this newspaper, said, "the founding shareholder of proposed settlement of a long-term stable development of the United States ' package ', however, there are currently no listed companies to reach the ' package ' and a founding shareholder of active engagement, but delay, continue to marginalize and damage the legitimate interests of the founding shareholders. ”

On September 28 of GOME special general meeting of shareholders, Huang guangyu family, Bain and Chen as the representative of the GOME management, has been in contact, on October 20, cuckoo, you want to use a "package" solution "GOME management and development strategy for the future, a founding shareholder of the reasonable Board seats, non-consolidated business listing of stores" and other issues. But Huang guangyu family, currently, the progress of the negotiations were not successful.

Chen must leave, GOME ready to split.

28, so Dujuan issued two clear signal. "The special shareholders ' meeting, the founding shareholder demands have not changed. If within a reasonable time, the consultation did not progress further clear, founding shareholder will consider terminating the non-listed managed, and once again proposed to convene an extraordinary general meeting of shareholders. ”

Perhaps drew Xiao and Bain's "experience". Huang guangyu family also claims that it is working with the world's leading private equity to discuss cooperation, to ensure that the Group's retail business and real estate business in the future development of liquidity. But Huang guangyu family did not disclose this internationally renowned private fund name.

This is the cuckoo negotiation skills, or a new war is about to open a sign?

"Chen should leave"

This time, the cuckoo is still pointing directly to the tool.

"Founding shareholder continues to believe that the company over the past year's strategic direction and management of a serious problem, Mr. responsible tool. "Huang guangyu family spokesman said," the aspirations of the founding shareholder, Mr. Chen should withdraw from the United States Board of Directors ".

In addition to Chen's fate, GOME Board seats, Huang guangyu family also raised a new argument. "Founding shareholder of that company's Management Board occupies a lot of seats, is not conducive to corporate governance. Therefore, very adjusted management representatives of the Director's seat. ”

Currently, GOME 11 Board seats, Executive Chen, Wang Chau, Wei Qiu, official to Ding takes up 4 seats, Bain takes up three seats, on behalf of Huang guangyu family in occupies 1 Kin-wah NG, three other independent directors.

Previously, Huang guangyu family has said many times, GOME Board, did not have a suitable proportion of large shareholders, the Board of the largest shareholder of a party to the demands of the recombinant Board of Directors is to get at the Board of Directors of "reasonable" seats.

"The United States may split"

Major shareholders as GOME parties negotiate important chips, GOME stores stay of non-listed, still hanging in the air.

Prior to October 20, Huang guangyu family representative Zou xiaochun this reporter's interview, "founding shareholder on August 27, 2008-United States agreement on conditional termination" non-listed managed Protocol "notice in writing, does not apply to 9 · 28 special general meeting of shareholders approved the motion of the" parts ". Founding shareholder being reconsidered in non-listed independent operation of the store. ”

28, Huang guangyu's spokesman said, "at present, for non-listed whether to continue hosting also inconclusive, founding shareholders will depend on developments in the decision. ”

However, Huang guangyu family that it has the "non-listed independent stores may make deployment." According to the spokesman said, "is also a founding shareholder of the independent operation of non-listed, including team formation, ERP systems, financial preparation, elaboration of non-listed in development planning is an orderly manner. ”

With ECHO, has not the GOME group listed on the store, and prepare for a range of organizational structure adjustment. The spokesman said, GOME group plans to set up a business center, Centre, financial center, brand management, administrative manpower centres, information centres and other core departments, at present, the relevant sector in the staffing and negotiations have been completed.

As regards future unlisted store operations financial issues, the spokesman said, "GOME Group had to receive non-listed for the adequate funding, at the same time, (Huang guangyu family) is working with the world's leading private equity to discuss cooperation, this is to ensure that the Group's retail business (including, but not limited to electrical retail business) and the real estate business in the future development of liquidity. "However, the people refused to disclose the internationally renowned private fund name.

In a position to "split" prepared at the same time, Huang guangyu family also offers non-listed shop "5-year development plan": the next five years, non-listed part of the meter

Designated across 200 city stores a total of 750, sales is expected to reach $ 45 billion. But before that, according to the shareholder to capture and GOME between "non-competition agreement", the listing is not listed on the store and the store has a direct competition between fresh.

Core Tip: as the GOME shareholder party negotiate important chips, GOME stores stay of non-listed, still hanging in the air.

For a strong stance to capture family, October 28, GOME press spokesman said, does not have the latest information can be disclosed.