Jukui 23,100,000,000 Fortis "commit the same mistake again," Fortis Ping to consider prosecution

Can not lose all their investment to accept the reality of China Ping An is considering prosecution of Fortis Group of Belgium, Fortis is no reason to spin-off business to conduct a shareholder vote.  According to foreign reports, if the Fortis Group continues to refuse to split the company into the matter on December 1 and 2 at the shareholder meeting agenda, it can not rule out prosecution of China Ping An Fortis Group.

 Data showed that investment from China Ping An Fortis has been a loss of 23,125,000,000 and 23,874,000,000 of the remaining 749 million investment only.

 Just want to divert attention?

 Fortis Ping An Group as the largest shareholder, holding a ratio of 4.81 percent.  Foreign reports that the pan-European association of shareholders on October Amsterdam to the Netherlands Chamber of Commerce business of the Court of Appeal made a request for the injunction issued by the Fortis Group.  Fortis Group had a total of 14,400,000,000 euros to the price of most of its assets sold to the Government of the Netherlands and BNP Paribas, asked shareholders not in the opinion of the spin-off 95% of the assets of the company.  Belgian prosecutors are also investigating group Fortis, Fortis management to determine the shareholders to make a good financial position is suspected of misleading the market.

 Beijing Guang Sheng Shanghai branch of the law firm practicing lawyer Chun-Quan Liu told reporters that "as Fortis Ping An Group's largest shareholder, the key is to look at the Fortis Group, articles of incorporation, the Spin-off in the end is not part of the major issues, but also Local law. The prosecutor in the Belgian group Fortis on the investigation, mainly related to the disclosure of information, which includes in the middle of a series of high-level investigation at the same time involved in the original document, the issue more complicated, Can not determine who wins. Safe before more negative news, so I believe that peace can not be prosecuted simply for the Fortis, Ping An is in fact what we are trying to shift the attention of stock investors look down anger. Regardless of whether or not to prosecute As a result, no matter how we can save China Ping An Fortis Investment Group, a great loss. "

 Yesterday, the company responsible for the safety of Shanghai who told reporters that "has not received the company's disclosure of official information, we can not stand outside." Correspondent and call for peace, spokesman for the Health and Serena, he said, "is a business trip abroad, is not convenient Answer the call. "However, Serena was born in participating in yesterday's column when a CCTV position," Fortis Ping An will pay close attention to the latest situation and efforts to safeguard the legitimate rights and interests of peace. "

 Fortis, "the same mistake again"

 In fact, the Fortis Group committed "wrong" is no longer just "spin-off business for shareholders to vote no."  By the end of October this year, Fortis group of suspected under-reporting of financial and Belgium were investigating the judiciary.  Fortis Group, to conceal the financial situation was revealed, shareholders have said that if the Fortis Group, confirmed the existence of the investigation was to deceive investors, they will be the Fortis executives to court to seek compensation.

 Show that on September 21 last year, Fortis Group issued a communique that the meeting of its loan crisis of the financial impact is limited, even if the U.S. sub-loan crisis both to expand into severity, Fortis Group of the damage, only about 20,000,000 euros .  On the same day, Fortis Group, announced its decision to finance mergers and acquisitions 13,400,000,000 euros ABN AMRO, until last year, issued on November 8 in the third quarter of fiscal time, the only foreign Fortis said its mortgage bond debt loss of approximately 400,000,000 euros.  Since then, Fortis announced the loss is rising.

 Safely into the third quarter net loss because of its holdings of the market price of Fortis shares converted into the 15,700,000,000 yuan of losses.  Analysts have expected, the impact on Fortis shares fell further, China will be safe again in the fourth quarter asset impairment loss announcement.  Yesterday, shares closed at 24.47 yuan peace, down 10%.