Global Cash Systems

Archive for August, 2010

Hisense Kelon Indications Of Restructuring: Integrating Trouble To Make The Implementation Of Ups

From the acquisition to the reorganization, then blocked

Hisense Kelon can be said to embrace the process of twists and turns. However, among the white leader bent on Hisense Corps of this reorganization is still confidence in the

9 votes agree, 0 votes against and 0 abstentions!

2009 17 7 , ST Kelon (000921, SZ) board finally adopted the “Hisense Kelon Electrical Co., Ltd. non-public offering to buy the assets of motion”, which means twists and turns of Haixin Group Kelon’s restructuring will enter the general meeting of shareholders and regulatory review stage. This is the third time Hisense has introduced similar plans.

Although each had Hisense Kelon’s restructuring moves are thunder, little rain, and all ended in failure or suspension, but the actions of the two companies have not stopped, their action is still firm.

That the acquisition of a beautiful

2005 9 months to complete China’s Hisense Group

Home Appliances The history of the most high-profile acquisitions. Guangdong Kelon was 26.43% of the shares will be transferred to Hisense, sale price of 680 million yuan.

This acquisition makes Hisense became China’s electrical industry relay Gree, Midea, Haier another after the Big Mac, but at the time of the Hisense

Boss A motion is concerned, the difficulties before us is still very significant.

Hisense Group enters Kelon when the latter’s total current liabilities of up to 60 billion yuan, including 23 billion yuan of bank loans and 24 million vendor debt. Obviously, after the then director of a long-Kelon

Gu Chujun After a series of capital maneuvers, leaving Qingdao companies deep into debt crisis is a mess, complicated debt problems also change so has sustained losses Kelon post, not only in the stock market put on the ST hat, also faced delisting of risk.

Fortunately, after a year of hard work, Kelon finally turn around in 2006, protecting that success. In 2007, the first three quarters

Setting Up a Balance Sheet Made Easy

A balance sheet is one of the key financial statements that are used by virtually every business or corporation in the world. The balance sheet provides a user with financial information for a specific point in time. It is broken down into three different sections: Assets, Liabilities, and Owners Equity. All of these are components of the Accounting Equation, which is assets = liabilities + owners equity. In each of the sections, they are then further broken down.