{"id":38494,"date":"2016-12-18T19:48:05","date_gmt":"2016-12-18T12:48:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-ends-rescue-plan-as-evergrande-declares-hand-tipping-balance-in-shareholders\/"},"modified":"2016-12-18T19:59:26","modified_gmt":"2016-12-18T12:59:26","slug":"vanke-ends-rescue-plan-as-evergrande-declares-hand-tipping-balance-in-shareholders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-ends-rescue-plan-as-evergrande-declares-hand-tipping-balance-in-shareholders\/","title":{"rendered":"Vanke ends rescue plan as Evergrande declares hand, tipping balance in shareholders"},"content":{"rendered":"<p>&#013;<br \/>\nChina Vanke, the country\u2019s largest property developer and target of a hostile takeover, dropped its plan for summoning a white knight to its rescue, after a major shareholder declared its hand in the contentious tussle for control and tipped a crucial balance among shareholders.<br \/>\nVanke decided to drop a June 17 plan involving the issuance of shares to buy Shenzhen Metro\u2019s assets, citing the end of a six-month deadline for securing the consent of every shareholder, according to a&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2055597\/vanke-ends-rescue-plan-evergrande-declares-hand-tipping-balance\" target=\"_blank\">Vanke ends rescue plan as Evergrande declares hand, tipping balance in shareholders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Vanke, the country\u2019s largest property developer and target of a hostile takeover, dropped its&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-38494","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-a0S","jetpack-related-posts":[{"id":34408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-delays-restructuring-plan-as-evergrande-keeps-its-hand-hidden\/","url_meta":{"origin":38494,"position":0},"title":"Vanke delays restructuring plan as Evergrande keeps its hand hidden","date":"November 15, 2016","format":false,"excerpt":"\r China Vanke Co., the prize in a boardroom tussle that\u2019s gripped the country, said it postponed a shareholders\u2019 meeting to discuss a restructuring plan, as its third-largest shareholder kept its hands hidden as to whether it intends to be a friend or foe in the hostile takeover. \u201cVanke will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-tussle-intensifies-as-evergrande-gets-closer-to-no-2-shareholder\/","url_meta":{"origin":38494,"position":1},"title":"Vanke tussle intensifies as Evergrande gets closer to No 2 shareholder","date":"November 30, 2016","format":false,"excerpt":"\r China Evergrande Group is fast approaching the door to China Vanke\u2019s boardroom after it has accumulated a 14 per cent stake in the country\u2019s largest homebuilder and is on its way to become its second-largest shareholder. Vanke, chaired by property tycoon Wang Shi, has been embroiled in a long-running\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-evergrande-takes-4-68-per-cent-stake-in-vanke\/","url_meta":{"origin":38494,"position":2},"title":"China\u2019s Evergrande takes 4.68 per cent stake in Vanke","date":"August 4, 2016","format":false,"excerpt":"\r China Evergrande Group has bought a 4.68 per cent stake in rival China Vanke, becoming its fourth largest shareholder and adding another twist to the ongoing battle for control of the country\u2019s largest homebuilder.\r \r Source : South China Morning Post\r Read more...China\u2019s Evergrande takes 4.68 per cent stake\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-lifts-stake-in-vanke-to-7-per-cent\/","url_meta":{"origin":38494,"position":3},"title":"China Evergrande lifts stake in Vanke to 7 per cent","date":"November 1, 2016","format":false,"excerpt":"\r Property giant China Evergrande Group has further raised its stake in rival China Vanke to 7 per cent from 6.82 per cent, according to a stock exchange statement. Vanke\u2019s Hong Kong shares hit a two-month high of HK$20.9 by 10:53 am. Its shares in Shenzhen also rose 0.8 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-major-investors-had-not-cut-their-stakes-in-company\/","url_meta":{"origin":38494,"position":4},"title":"China Vanke: Major investors had not cut their stakes in company","date":"December 2, 2016","format":false,"excerpt":"\r Property developer China Vanke Co on Friday clarified market speculation that major shareholders had not reduced their stakes in the company. In response to a stock exchange inquiry into media reports that biggest shareholder Baoneng Group had sold down its stake, Vanke said that major shareholders, including Baoneng and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-says-no-talks-with-evergrande-despite-stake-increase\/","url_meta":{"origin":38494,"position":5},"title":"China Vanke says no talks with Evergrande despite stake increase","date":"November 10, 2016","format":false,"excerpt":"\r China Vanke, the country\u2019s largest homebuilder, said there hasn\u2019t been talks between it and rival China Evergrande Group even as the latter has just increased its shareholding in Vanke to 8.285 per cent. Analysts expect Evergrande will continue to increase its stake in Vanke, which has been at the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38494"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=38494"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/38494\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=38494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=38494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=38494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}