129779332629375000_37Click to view the Sun Hung Kai Properties (00016) free live quotes new concerns did not release funds 6 Executive Member of half of the members of the subject according to Hong Kong media reports, shares subject to the independent Commission against corruption crisis-torn new (00016), rare to hold Investor Conference call yesterday, by the Executive Director and Chief Financial Officer Chen Guowei solutions for painting, he reiterated that publicDivision has a good inheritance arrangements and operational responsibility of the Executive Committee, major issues is a collective decision by the Board of Directors, plus the new year there is no further financing needs, the event will not affect the company's financing costs.
However, the paintings appear not to fall for new solutions in the market, the stock dropped more than 2% until yesterday. New Executive Director Chen Juyuan is arrested by the ICAC last month, new addition to the announcements and the newHear outside the draft, there is no active communication with the outside world.
However, to upgrade your event on Thursday after two co-chairs were arrested Thomas and Raymond Kwok, acute and plug 13% new shares on Friday, before the market opened yesterday the company by Credit Suisse, held a conference call with the funds sector. Lionheart Chen: getting ready as early as Lionheart Chen without financing this year is new to the Board, the only non-"old Cape Collinson"Directors, he said at the beginning, company morale is still high, progress, push plates and bought all works as usual. However, the Fund head asks that the new land were put on negative watch list by rating agencies, if the future is to lower ratings
tera power leveling, financing will be affected? Lionheart Chen in response, banks sufficient standby credit of the company, and has half of maturing debtFinancing
tera power leveling, plus earlier issuance has a strong cash flow on the selling floor, 2012 years ' financing needs, financing costs will not increase during the year. New 3 arrested for corruption of those directors who are returning to work, attention once the outcome of the lawsuit, the heir of the company plans. Lionheart Chen says, new talent, in various positionsInheritance arrangements on, if necessary to the external recruitment.
He added that the company's mainland Division professional team, operational responsibility of the Executive Committee, and after the two co-chairs was arrested last week for example, Board of 10 Directors met immediately. Lionheart Chen said Kwok duo, the company has a certain influence, but the final decision is always a collective decision by the Board of Directors.Shares not zhixie ICAC investigation ended when closing down more than 2%, Lionheart Chen said it was not unable to comment, said the ICAC only very little information in this regard has been issued. However, Herbert Hong Kong Asia head of dispute resolution branch partner Lu Hongzhi, Yu Ruiyin investor conference call that was held last night, once the Commission is formally charged, the first round of lawsuitsIn General during the 4-12 months. Lionheart Chen yesterday's draw failed to stop the decline in new solutions, the unit briefly fell more than yesterday 4%, to $ 92.35, closing down narrowing $ 94.4, fall 2.2%, sold for $ 3.6 billion, together with the Trojan contusion and laceration of 15% on Friday. JP Morgan report released yesterday, new worst ㄎ leaving the co-chairs the Board of Directors,Its investment rating from "overweight" per cent "reduction" target price cut from $ 138 to $ 100. Since Thursday the Kwok brothers were detained after investigation of the ICAC
tera gold, brokerages lowered an average new price target $ 6.6. In addition, the new issued a statement last night, not naming the individual media coverage when an event is part of the company director search, "absolutely unfounded speculation and reporting", the company retainedTake appropriate action when it is needed, protect the rights of the company and its shareholders.
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