"East New Love" after the failure of transfer that?.

<P> Keywords: Brand New Love East China Eastern Air </ P> <P> World Brand Lab (brand.) reports: </ P> <P> in the Jan. 8 PM Eastern Airlines China Eastern Airlines rejected the EGM foreign capital .After the program, the Air Group Information Services Department official said it was "normal market behavior", in the Air "will further bid for China Eastern Airlines to implement the program." .Singapore Airlines said in a statement that night, disappointed in the outcome of the vote, but would respect the result of the voting shareholders. .Statement said, "all relevant parties believe this transaction represents a further capital injection of capital to implement the reorganization of Eastern reasonable and acceptable maximum value. The deal has also been subject to the provisions of relevant laws and regulations of the circumstances, be approved. ."SIA statement said," Given Singapore Airlines and China Eastern have expressed willingness to develop relations between China Eastern Airlines will continue to support and build relationships. "afternoon of January 8, China Eastern Airlines Corporation Limited (CEA) .Extraordinary General Meeting held in Shanghai, for China Eastern Airlines and Temasek Holdings of Singapore to introduce strategic investors to the program (the "East new program") to vote. .The private placement program was signed in September 2007, under the program, China Eastern will be the per share price of 3.80 Hong Kong dollars, for a total issuance of 2,985,000,000 shares of H shares. .Including Singapore Airlines and Temasek to the issuance of a total of 1.884 billion shares, to the capital increase of the total shareholding of 24% CEA; also the controlling shareholder of China Eastern Group, to the additional 1.1 billion shares H shares, to ensure that its 51% stake after the capital increase .absolute control of position. .To this end, Singapore will invest 7.161 billion Hong Kong dollars, China Eastern Group will invest 41.82 billion yuan in Hong Kong. .Eastern foreign capital program is subject to the special shareholders meeting to vote. .Currently holding 59.67% of China Eastern Airlines China Eastern Airlines Group, the largest shareholder, private placement for the object itself, so be excluded from the vote away. .The right to vote, including the Eastern A shares of minority shareholders (396 million total shares held by China Eastern Airlines A shares, representing the total number of shares of China Eastern's 8.14%), and all the shareholders of China Eastern's H shares (a total of 1,567,000,000 shares of China Eastern shares H shares ., representing the total number of shares of China Eastern's 32.20%). .</ P> <P> signed agreement from the private placement has been subjected to this program rivals China Eastern Airlines Corporation Limited (Air China) and strong blocking. .Air China and China Aviation Corporation (Group) Limited (CNAC Limited), the same as in the Air Group subsidiary. .Air China Air China Limited holding area through the Eastern H shares, accounting for the total number of shares of China Eastern's H shares of 12.07%. .</ P> <P> in the vote, Air China has repeatedly issued a statement, questioned the "East new program," and the day before the vote on Jan. 7 auction officially released a statement saying that if China Eastern Airlines on January 8 .Extraordinary General Assembly rejected the "East new program," CNAC Limited will be not less than 5 per share acquisition price of HK China Eastern shares, and intends to submit a formal board of directors within two weeks of their program of CEA. .</ P> <P> 1 月 8 日 下午 1 时 30 pm onwards, Eastern Extraordinary General Meeting held three rounds of the shareholders were to vote, that is, A, H shareholder vote, A shares and H shares of individual shareholders to vote to vote separately, any .A vote must be more than two-thirds affirmative vote, the East before the new program was adopted. .</ P> <P> ultimately, on the day voting A shares of small shareholders, there are 94.05% voted against. .H-voting shares of minority shareholders, there are 74.70% voted against. .</ P> <P> this, CNAC Group Information Services Department official said, "This is normal market behavior, and Singapore Airlines offer low, difficult to obtain minority shareholder support." .</ P> <P> "it shows that government-sponsored enterprises act in accordance with the rules of capital markets." CNAC said. .Before the vote, all parties in the attitude of SASAC speculate that this is a decision "East a new program," the key to success, but until the beginning of voting, none of the SASAC made it clear publicly come out. .</ P> <P> Prior to the afternoon of January 4, from close to the State Department was informed that the SASAC, the SASAC internal capital market rules that should be respected. ."Capital market these things the government is also new, have never before encountered such a situation, but as long as legal compliance, it should count." The source told reporters. .</ P> </ p>.