(3)ContingentliabilitiesrelatingtootherpayablesincurredbytheCompanypriortothesharetransferredtotheexistingsharehold (ofRmb26.3million)withotherreceivables(ofRmb24.8million)priortothetransferoftheCompany'ssharestotheexistingshareholders.Furthermore,theexistingshareholderswererequestedtopayRmb45million(amongstotherpayments)toStarwellHolding(oneofthepreviousshareholdersoftheCompany)andDejingConstructionCompany(alsoarelatedpartyoftheCompany),supposedlytosettleanyremainingpayablesincurredpriortothetransferofsharestotheexistingshareholders(butitwasnotexplicitlystatedinthesaleandpurchaseagreement).Weareconcerned(i)whethertheotherpayablescouldsimplynet-offwithotherreceivables;and(ii)ifStarwellHoldingandDejingConstructionactuallysettledallremainingliabilitiesofRmb45milliononbehalfoftheCompany.Nothwithstandingmanagementadvisedusthatnoneofthepreviouscreditorsdemandedforpaymentssubsequenttothesharetransfer,theamountofRmb71.3million(i.e.,Rmb26.3mil+Rmb45million)payablesremaintobecontingentliabilitiesoftheCompany.Proposed (ofRmb71.3million)isappropriate.Further,weunderstandFreshfieldswilllookintotheperiodforwhichlimitationofstatusappliesinChina.
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請(qǐng)幫忙翻譯提問(wèn)者:lonelybaby 回答:0 瀏覽次數(shù):9 (3) Contingent liabilities relating to other payables incurred by the Company prior to the share transferred to the existing shareholders Issues: We noted that the previous shareholders of the Company netted off certain other payables (of Rmb26。3 million) with other receivables (of Rmb24。8 million) prior to the transfer of the Company's shares to the existing shareholders。 Furthermore, the existing shareholders were requested to pay Rmb45 million (amongst other payments) to Starwell Holding (one of the previous shareholders of the Company) and Dejing Construction Company (also a related party of the Company), supposedly to settle any remaining payables incurred prior to the transfer of shares to the existing shareholders (but it was not explicitly stated in the sale and purchase agreement)。 (3) 關(guān)于其它應(yīng)付債務(wù)獲得公司優(yōu)先配股給予現(xiàn)有的股東。問(wèn)題:我們留意到先前的公司股東提供了以應(yīng)收帳(人民幣2480萬(wàn)元)優(yōu)先配股給予現(xiàn)有的股東抵償一定的其它應(yīng)付帳(人民幣2630萬(wàn)元)。此外,現(xiàn)有的股東需要支付人民幣4500萬(wàn)元(在其它應(yīng)付賬項(xiàng)下)給予STARWELL 控股(一間原持有股份的公司)和DEJING 建筑公司(也是有關(guān)的一方),建議任何應(yīng)付帳將獲得優(yōu)先配股給現(xiàn)有股東作為解決方案(而此點(diǎn)并未在買(mǎi)賣(mài)協(xié)議書(shū)中列明)。We are concerned (i) whether the other payables could simply net-off with other receivables; and (ii) if Starwell Holding and Dejing Construction actually settled all remaining liabilities of Rmb45 million on behalf of the Company。 Nothwithstanding management advised us that none of the previous creditors demanded for payments subsequent to the share transfer, the amount of Rmb71。3 million (i。e。, Rmb26。3 mil + Rmb45 million) payables remain to be contingent liabilities of the Company。 Proposed next steps: We recommend GS further discuss with management and consider if a purchase price reduction (of Rmb71。3 million) is appropriate。 Further, we understand Freshfields will look into the period for which limitation of status applies in China。 我們所關(guān)心的是:(i)是否有更為簡(jiǎn)單的以應(yīng)收帳抵償應(yīng)付帳的方法;以及(ii)是否STARWELL控股和DEJING建筑確實(shí)代表這間公司用4500萬(wàn)元解決了所有剩余債務(wù)。NOWTHWITHSTANDING 管理者告知我們說(shuō),并無(wú)先前的債權(quán)人要求以配股的形式承付。7130萬(wàn)元的總額(即:人民幣2630萬(wàn)元+人民幣4500萬(wàn)元)應(yīng)付帳目仍然為公司的短期負(fù)債。下一步的建議:我們勸說(shuō)GS進(jìn)一步探討管理并考慮購(gòu)買(mǎi)折扣價(jià)(人民幣7130萬(wàn)元)是否恰當(dāng)。此外,我們明白FRESHFIELD會(huì)觀(guān)察此期間中國(guó)的實(shí)際情況對(duì)此方面的限制。。