Suntech bailout plan can not come out the reason for the delay is because tripartite interests of differences: Shi Zhengrong, overseas investors, and the
In the evening of March 20, the US-listed company Suntech Power buy solar panels announced by the creditors' committee is composed of eight Chinese banks to the Intermediate People's Court of Wuxi City, Jiangsu Province, took place on March 18 (referred to as the "the Wuxi court") submitted on Suntech Power Company Limited (referred to as "Suntech") application for bankruptcy reorganization. The Suntech This application without objection.
On the same day,
Which Philip Yan Hok FAN previously served as executive director of China Everbright International Limited, the Prohibition of identity is more special, prior to joining Suntech, he served as Guolian Futures Limited Chairman and Guolian Development (Group) Co., Ltd. Financial Manager. Prior to the restructuring of the country join hands Suntech is the prevailing view in the market, Zhou Weiping join more evidence the above speculation.
At this point, tangled for a long time, "aid still to finalize the bankruptcy reorganization, that is, to keep the listed company, a wholly owned subsidiary of Suntech. However, for Suntech, the bankruptcy reorganization of second chances or the dead end of the old giants remains to be seen.
Information by Zhengrong Shi, Suntech was founded in
Suntech Power's stock price in 2006 reached more than $ 40, Zhengrong Shi wealth of $ 2.3 billion, becoming the richest man in