Himfr.com Reports Fu Ji Food and acquisitions

Buyers determine the background of a state-owned enterprises

It is understood that Fu Kee Food in the main business of the Yangtze River Delta region, its main business as room service, in restaurants, and convenience foods, and high speed for 5 consecutive years of rising profits. To visit Hong Kong listing in 2004.

It is reported that Fu Ji Food and the United States in 2006, Bank of New York Mellon Corporation to make 3-year value of one billion Hong Kong dollars of convertible bonds contract again in 2007 with the CapitaTrustCompanyLimited to make worth 1.5 billion yuan in convertible bonds. It is precisely this debt Lingfu recorded food crisis.

October 7, 2009 Fu Kee Food suspension on October 20 declared a provisional winding up procedure. Deloitte & Touche partner in corporate restructuring services, Lai Kar Yan Derek, Yang Lei-ming and head of Hexi up to the High Court appointed by the Hong Kong Fu Kee Food provisional liquidator.

Evening of March 8, Deloitte partner in corporate restructuring services, Lai Kar Yan Derek to the "Daily Economic News" sent a written response. Lai Kar Yan Derek said: "Currently, due Fu recorded a provisional liquidator is working with a investors in a state-owned background in exclusive talks to disclose details." Li also said that "the appropriate time we will announce the details through the Hong Kong Stock Exchange."

COFCO denied the purchase of Fu Kee Food

Prior to market rumors in the food group will bid for Fu Kee Food. In this connection, March 8 "Daily Economic News" link to "purchase scandal" one of the main characters in the Hong Kong listed company COFCO Holdings (00606, HK). For these rumors, the company's investor relations department head told reporters denied. "This news is certainly not from holding grain side out, and the food was not aware of related to the acquisition of controlling the message, and we do not have to comment."

There is also reported that COFCO chairman NING Gaoning yesterday at "two sessions" during an interview, said that COFCO is not involved in bidding for Fu Kee Food. He said "there can not be bought, I do not know, no."




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