Lenovo CEO splashes out US$403m on shares purchase
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China.org.cn, June 20, 2011
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Lenovo CEO splashes out US$403m on shares purchase |
楊元慶成聯想集團最大個人股東 |
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Yang Yuanqing, chief executive of Lenovo Group, bought 797 million shares of the PC maker from parent company Legend Holdings Ltd. for US$403 million, according to documents filed with the Hong Kong Stock Exchange on Friday. The purchase makes Yang Yuanqing the firm's largest individual shareholder with 8.7 percent of outstanding shares. Analysts have interpreted the move as a sign Lenovo Group founder Liu Chuanzhi plans to cede full control of the company to the CEO. Legend Holdings still holds nearly 35 percent of Lenovo stock after the deal, remaining Lenovo's largest shareholder. Calculated at the $0.53 price at close on Friday, Yang's 797 million shares are worth about US$423 million. Legend Holdings Ltd. declined to disclose details about the deal. Lu Bowang, president of China IntelliConsulting Corp., a Beijing-based consultancy, said the investment quite likely was likely backed by institutional investors. "With his salary and bonuses, Yang is unable to make such a big investment," said Lv. "Even if he is paid HK$5 million a year, he would only have earned about HK$400 million over his 22-year career." Yang's investment was perhaps funded by banks or private equity firms, Lv said. |
上周五，聯想集團CEO楊元慶通知香港聯合交易所，已經從母公司聯想控股購得7.97億股的聯想集團股票。 楊元慶此次收購后其持有的聯想集團發行股份額由此升至約8.7%。種種跡象表明，柳傳志決定逐步將聯想集團的權力移交給“愛將”楊元慶。 聯想控股約占35%股份，仍為聯想集團的單一最大股東。 按每股3.5港元作價，楊元慶此次收購耗資約31.48億港元。 聯想控股方面對此并未透露更多的信息。 正望咨詢總裁呂伯望分析，此次楊元慶收購的資金來源可能由機構投資者支持的。 憑借楊元慶自己的年薪和分紅，他不可能做這樣大一筆投資，呂伯望說道。 楊可能聚集一些投資人、財團，組成合伙人去完成此次收購。 |
China's business press carried the story above on Monday.
