LG of resale of flying benefit riverside shows share holds a scale to fall to 13.2%

April 4, 2008

Beijing time on April 4, according to foreign media coverage, the whole world LG shows manufacturer of the 2nd big LCD (LG Display) Zhou Wu trades to Korea negotiable securities the document that committee submits shows, the combination of the company is virgin riverside of company flying profit already sold a company the share of 6.71% . The company name before LG shows this is riverside of LG flying benefit (LG.Philips LCD) .

LG shows referred report shows, flying benefit riverside this undersell 23 million common stock of company, 6.32% what occupy LG to show total capital stock, undersell price is in forty-two thousand seven hundred and fifty to forty-four thousand two hundred and fifty between Hanyuan. This undersell trades by beautiful flag group (Citigroup) and Swiss credit (Credit Suisse) deal with. Before undersell is finished, flying benefit riverside in all hold LG shows the share of 19.91% . Current, flying benefit riverside still hold LG shows the share of 13.2% . Original Ceng Chi has flying benefit river mouth LG shows the share of 45% .

Flying benefit riverside is in October 2007 already undersell the LG of 2.2 billion dollar indicates value stock. Ever since, LG shows the share that seeking strategic partner to take over undersell of place of flying benefit riverside all the time. Flying benefit riverside already expressed before this, this company is in in proportion the joint-stock company stock of contractible hold, flying benefit riverside will invest more energy and investment illume, medical treatment and business of consumptive electron product.

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