129773928428750000_27Hexun homepage established mobile phone version of the original stock/fund micro-blogging news blog news telecommunications news industry news Internet appliances high-end interview highlights business computing exciting topics scroll whole digital life mobile home appliancesHexun.com technology in > body font size print RSS source March 27, 2012: Alibaba, the Oriental Morning Post Morning Post reporter Zhuang Chunhui network limited (01688.HK, hereinafter referred to as "B2B companies ") start the delisting process is over in January, on March 26, the company's Chairman Ma sent a letter to company shareholders, want to be understanding for the privatization of the latter decision," despite the privatization price, pressure, process is very difficult pain, but we chose to change. We would rather have an imperfect reform, will not see a future without hope. ”Ma open letter also disclosed, and Ali B2B information on changes in the part of the directors and executives of the company, the company's former Executive Director Peng Yijie has been converted to non-executive directors; former Chairman of mengniu Niu gensheng, may, in accordance with previously agreed, to retire as independent non-executive directors of the company this year. B2B in the latest announcement of Ali, had not referred to its controlling shareholder of Alibaba groupUnited States Yahoo deal status of progress.
But the coincidence is, Yahoo also revealed in 26th a reorganization of its Board, which will take place in April named three independent directors in order to restore shareholder confidence. Ali, two major problems: in an open letter released yesterday, MA refers to Alibaba now faces two major problems: raw materials, exchange rates and labour costsContinues to increase, as well as the European debt crisis, United States economic recovery has been slow, and so a combination of factors, led to small and medium enterprises survival difficulties and company in early 2011 because of bad faith supplier event is raised by the controversy over the "we lost our leading listed companies ' growth in four years of Mr Wei, Chief Executive and Chief Operating Officer of Elvis Lee, corporate business development at one time is affected. "According to MaCloud says
tera power leveling, Ali B2B has not only met in as an Internet platform for solving information asymmetry, and related companies such as Ali acquired Shenzhen Datong, and try to provide in-depth supply chain services, with a view to transition to a trading platform. He went on to say that local small adjustments are Alibaba cannot be fundamentally perfect, transform a matureMode of difficulty than the company expected. On February 21, Ali sudden announcement of suspension of B2B companies, Alibaba group will purchase all of the issued shares of HK $ 13.5 per share, estimated funds needed for this deal is about HK $ 19 billion. If the deal is successful, Ali, B2B companies will exit the publicly traded market, return to the Ali groupHold.
The success of the transaction, shareholders vote will depend on the next circulation and approval from the regulatory authority. On March 26, Ali B2B companies disclosed annual report data, in 2011 the annual revenues grew 15.5% the company to $ 6.42 billion yuan, net income of $ 1.71 billion yuan, an increase of 16.6%。
Yahoo's reorganization of the Board along with the "revolution" calls, is Ali B2B companies members of the Board of adjustment. According to yesterday's announcement, Ali B2B companies Board of Directors currently comprises 12 members, among which there are 4 independent non-executive directors. He is still Chairman of the Board, company executive director Peng Yijie positions changed, transformed intoNon-executive directors, the changes had occurred on March 12 this year.
It is worth mentioning that
tera power leveling, on March 9, the Alibaba Group announced on 22 senior management cadre of the group-wide implementation of job rotation, message, Peng Yijie B2B companies ICBU, General Manager of the post by Ali moved to group staff. Ali group of potential trading United States Yahoo, also disclosed yesterdayA Board restructuring. Yahoo says, the company will be named April 3 independent directors, namely the credit card company
tera gold, United States express high Guan Haisi (John d. Hayes), Discovery Communications Inc. chief operating long before Li Geli (Peter Liguori), as well asInterActiveCorp's outgoing Chief Financial Officer Thomas McInerney (Thomas j. McInerney).
After this introduction, together with 4 other directors resigned at the shareholders meeting this summer, when Yahoo's Board will comprise 10 member since 2010 isn't. Yahoo expects passCorporate management restructuring restore shareholder confidence, out of trouble.
Reorganization of its Board of Directors has carried out several months earlier this year, Yahoo co-founder Jerry Yang quit the Board of Directors, appointed two new directors join, one of whom was former eBay high Guan Weibo.
Alibaba said a few days ago, the Group has not terminated the negotiations with Yahoo is still in the works. Trainee
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