Summary | The new money will mainly be used to supplement CEB’s
inadequate capital. Everbright Group finally loses the control
of CEB. In order to satisfy this requirement, the shareholders
would have had to merge their shares by 50%. Company board
seats will also have to be reshuffled. Shareholders therefore
opposed this deal, bringing the entire process into a ...
inadequate capital. Everbright Group finally loses the control
of CEB. In order to satisfy this requirement, the shareholders
would have had to merge their shares by 50%. Company board
seats will also have to be reshuffled. Shareholders therefore
opposed this deal, bringing the entire process into a ...
chinastakes.com | 06 January 2015