today, Chongqing Brewery will be held in the 2012 First Extraordinary General Assembly consideration of the motion to waive the current chairman Huang Minggui directorships Dacheng Fund. The Huang Minggui is to leave or stay, and today will see the outcome, the largest shareholder of Carlsberg’s position has become critical.
a lower limit to the beginning of December 8, 2011, the first from Chongqing Beer, Dacheng Fund to float more than 10 percent of the market focus of the parties. Dacheng Fund December 13, overwhelmed submit a letter to the Chongqing Brewery, said recent information disclosure of major mistakes, leading to the legitimate rights and interests of the company and our shareholders to be materially affected by Mr. Huang Minggui as the current Chairman of the Board, which negative direct leadership responsibility. Teti removed from the directorship of Mr. Huang Minggui “. Later, Chongqing Beer resolved to convene the EGM to consider the Huang Minggui the fate of. Yesterday, media reports said, Dacheng Fund chief investment officer Liu will mobilize people to attend the conference.According to the 2011 Fund Four Seasons report, the culmination of the Department of funds together hold Chongqing Brewery proportion of outstanding shares of 3.27%. Chongqing Brewery’s top two shareholders of Carlsberg and heavy beer group Carlsberg total stake of 29.71 percent, Chongqing Beer Group stake to 20%.
silver Proton prospective SEEC analyst Xudong Huang Minggui White heavy beer match as Carlsberg, Carlsberg, vote against the possibility of minimal; and the best candidate in the chairman of the board is not yet clear before Carlsberg, the controlling party, generally will not rush right Huang Minggui to vote against it. Shareholders the right to speak, even if small shareholders all to vote against Huang Minggui the possibility of removal from office is also very small.
Datong Securities and investment advisers to pay Chong Yong Chongqing beer event in the formation of institutions and small shareholders grievances deep, the company is likely to proceed from the global to quell investor grievances Huang Minggui become a “scapegoat”, so Huang Minggui be the possibility of removal.
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