x
uploads/shell company.jpg

shell company (在交易所中成為兼并對象的)控股公司。

shell game

In the second part of the case , chung s secretly setting up a shell company to supply goods to the company he worked for already amounted to a serious conflict of interests . moreover , in purchasing goods from other suppliers at a lower price through his shell company and selling the same to his employer at a higher price to pocket the price difference , chung had specifically damaged the interests of his company 個案的第二部份中,鍾自己暗中開設一間空殼公司,供應貨品給所服務的公司,已是嚴重的利益沖突問題,而由空殼公司以較低價向其他供應商購貨,再以較高價轉售予受雇公司,侵吞差價,更是直接損害公司利益。

The revisions made have also significantly strengthened and clarified the customer identification requirements in the guideline , particularly in respect of shell companies , trust and nominee accounts and other types of intermediaries , in line with the latest recommendations of the financial action task force “ fatf “ - an international organization aimed at strengthening international cooperation against money laundering 指引所作修訂大為加強有關客戶身分查證的要求,特別是關于空殼公司信托和代名人賬戶以及利用其他類別的中間人開立賬戶的規定,使之更為明確,并與國際金融特別行動組的最新建議一致國際金融特別行動組是一個國際組織,宗旨是促進國際對打擊洗錢活動的合作。

In most cases , it is the biggest challenge for all parties involved to quantify premium of control of the shell company . the premium of control of a target company is related to the size and structure of issued share capital , share ownership and whether the assets can be used for other purposes , etc . 以2001年為例,在2001年發生的130家控股權轉讓的上市公司在轉讓前的2001年中報平均每股收益為0 . 035元,低于大盤同期每股收益0 . 102元的平均水平,其中有28家公司中期虧損。

For example : shell company is the creditor of second company , the liability amount of second company is 5 million yuan , second company does not grant pay off , shell company applies for belongings to conserve to the court , but the belongings of second company has 3 million yuan only , although its belongings is carried out entirely also can ' t the creditor ' s rights of pay off armour , if third company owes the liability amount of second company to be 1 million yuan , this debt already arrived pay off period , shell company can apply for to rule third company is direct to the court pay off of xiang jia company these 1 million yuan 例如:甲公司是乙公司的債權人,乙公司的債務數額為500萬元,乙公司不予清償,甲公司向法院申請財產保全,但乙公司的財產只有300萬元,即使將其財產全部執行也不足以清償甲的債權,假如丙公司欠乙公司的債務數額為100萬元,該筆債務已到清償期,甲公司可以向法院申請裁定丙公司直接向甲公司清償該100萬元。

Is armour of armour second third the armour after the second that sells fixed assets purchases fixed assets to shell company is the bill that open me heading is second is the company third do i go to second company buying fixed assets now how should be my bill gotten come the thing that he does either 甲乙丙甲是賣固定資產的乙到甲公司購入固定資產后甲開的發票是臺頭是乙的我公司是丙我現在去乙公司把固定資產買過來那我的發票該怎么得來啊他做的東西不是固定資產類的啊讓他們自己想辦法開固定資產增值稅票給我們?

There are four major forms of such exit method : ( i ) merger or acquisition of the invested company with or by the listed company ; ( ii ) employment of the listed company as a “ shell company “ for listing purposes of the invested company ; ( iii ) merger of the invested company with a company which is a candidate for application for stock listing ; and ( iv ) co - investment with a listed company 本部分通過對我國上市公司與創業企業進行資產重組的可行性以及上市公司開展創業投資的分析,總結了實踐中通過上市公司并購實現創業投資的退出的四種主要方式: 1 )上市公司并購創業企業; 2 )利用上市公司“殼資源” ; 3 )與擬申請上市公司合并; 4 )和上市公司共同投資。

The research on the 20 shell company acquisitions shows that average eva of the target firms increased greatly in the first year of acquisition while in the second year it dropped significantly . in the third year , average eva increased again compared with that of the second year 42例并購事件中, 20起是以上市公司為目標公司的并購案例(以下稱殼公司并購) ,另外22起是以上市公司為并購方的并購事件。

Statistic data of die last few years in the a - share market indicate that the premium of control of shell companies is about 25 percent over the net assets on average , although it varies in a wide range case by case 對于買殼上市而言,確定殼公司價值的關鍵是確定控制溢價。影響控制溢價高低的因素主要有殼公司的股本大小、股權分散程度、持股比例、資產專業化程度、資產的結構、支付方式等。

While shell companies may be used for legitimate purposes , the fatf has expressed concern about the increasing use of such companies to conduct money laundering through providing the means to operate what are in effect anonymous accounts 盡管空殼公司可用于合法用途,但特別組織對于越來越多人利用這些公司進行清洗黑錢活動的情況罪犯可利用空殼公司處理實質上是匿名的戶口,表示關注。

At the end of 2004 , shell companies in china had invested some us $ 3 billion in the country . more than us $ 800 million was committed during the year as funding for the shell share of projects , a record for a single year 荷蘭皇家殼牌集團是世界上最大的能源公司之一,業務遍及全球145個國家,雇員近12萬人,油、氣產量分別占世界總產量的3和3

If third company owes the liability amount of second company to be 4 million yuan , criterion shell company can apply for to rule third company is direct to the court only pay off of xiang jia company 2 million yuan 假如丙公司欠乙公司的債務數額為400萬元,則甲公司僅可以向法院申請裁定丙公司直接向甲公司清償200萬元。

The revised guideline has also significantly strengthened the customer identification requirements , particularly in respect of shell companies , trust and nominee accounts and other types of intermediaries 修訂后的指引也大大加強了查證客戶身分的要求,特別是空殼公司信托戶口和代名人戶口及其他類別的中間人。

In keeping with the “ know your customer “ principle , institutions should obtain satisfactory evidence of the identity of beneficial owners , directors and authorized signatories of shell companies 認可機構應遵從認識你的客戶的原則,充分核實空殼公司的實益擁有人董事和獲授權簽署人的身分。

Where the shell company is introduced to the institution by a professional intermediary acting on its behalf , institutions should follow the guidelines in paragraphs 5 . 17 to 5 . 22 below 如果空殼公司是由代表空殼公司的專業顧問作中間人,介紹予認可機構,認可機構便應遵從下文第5 . 17段至

Institutions should take notice of the potential for abuse by money launderers of shell companies and should therefore be cautious in their dealings with them 認可機構應留意清洗黑錢的人可能會濫用空殼公司的情況,在處理空殼公司的事宜上要特別謹慎。

The transaction involves the private and shell company exchanging information on each other , negotiating the merger terms , and signing a share exchange agreement 交易中,私人企業及上市公司交換各自信息,協商兼并條件,簽署股權交換協議

Inside telling choice principle of shell company and the standard , describes several ways to go public through buying a shell especially 里面講述殼公司的選擇原則和選擇標準,重點論述了買殼上市的幾種方式,并分別舉出了相應的例子。

Shell companies are legal entities through which financial transactions may be conducted but which have no business substance in their own right 5 . 16空殼公司是可以進行金融交易的法律實體,不過這些公司本身并不沒有實質業務。

The thesis , which is composed by two parts : the case and case analysis , is a study on the risk of shell company acquisition 本文是有關買殼上市的風險研究,論文分為兩部分,案例描述與案例分析。