We Will Send The Offering Shares And The Red Shares To The Issue Objects On 19 September.

< p > after nearly five years of waiting, it is only one step away from the resumption of listing on the Hongkong stock exchange. According to the public sale schedule announced by the company, the company will send the offering shares and the red shares to the issue objects on 19 September, and in September 23rd, the resumption of the new international market.

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< p > 08 years of financial crisis < /p >

< p > although it survived the Asian financial turmoil in 1997, it survived the SARS crisis in 2003. However, Hongkong's old brand "a target=" _blank "href=" //www.sjfzxm.com/ "clothing" /a "chain industry listed company" Wei Wei international still fell in the whirlpool of the financial crisis in 2008. In September 17, 2008, the company announced that the company's shares were officially suspended.

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< p > for the reasons for the company's delisting, some market participants recalled: "you Wei International suddenly announced the liquidation. In August 2008, the company's share price fell more than 50%, which triggered the bank's doubts about its solvency and recourse nearly $1 billion 200 million of the loan, which was declared bankrupt because of its inability to repay the loan."

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< p > reporter noted that the annual report as at the end of March 2013 showed that the company recorded a net profit of HK $8 million 333 thousand, an annual growth of 20.94% and a profit of 0.23 Hong Kong cents per share, but at the same time, the company's annual turnover decreased by 1.33% to HK $390 million.

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< p > resumption to enter the final pass, < /p >.

< p > after lengthy wait, in December 2012, the world's application for resumption was made to the stock exchange.

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< p > in April of this year, the stock exchange allowed the company to continue to complete the resumption proposal and requested the completion of the resumption before July 31.

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< p > to meet the requirements of resumption, Wei Wei introduced the new shareholder to the hundred shareholders and restructured the shares. The shares will be reduced to HK $9.99 to HK $0.01 with a share of 100 to 1, while the issue of bonus shares to shareholders will be issued to two shares.

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At the same time, at the same time, the company started to raise funds for the issue of shares and allotment of new shares, for the purpose of paying dividends to the claims creditors, repaying the loans, making acquisitions, operating and expanding the apparel retail business and the working capital of the reorganization group brand. P

The specific plan is to issue a share of 5 shares of each share holding 1 shares of new shares, issuing HK $0.15 per share, issuing 178 million shares, raising HK $26 million 800 thousand, placing 970 million new shares to investors AdvanceLead, HK $0.15 per share, and raising HK $145 million.

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< p > now, with the announcement of the public sale timetable, it is only a short distance away from the resumption of listing.

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