{"id":43187,"date":"2017-02-07T20:43:22","date_gmt":"2017-02-07T13:43:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-files-lawsuit-to-invalidate-ownership-rights-of-majority-shareholder-baoneng\/"},"modified":"2017-02-07T20:54:37","modified_gmt":"2017-02-07T13:54:37","slug":"china-vanke-files-lawsuit-to-invalidate-ownership-rights-of-majority-shareholder-baoneng","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-files-lawsuit-to-invalidate-ownership-rights-of-majority-shareholder-baoneng\/","title":{"rendered":"China Vanke files lawsuit to invalidate ownership rights of majority shareholder Baoneng"},"content":{"rendered":"<p>&#013;<br \/>\nChina Vanke, which has been embroiled in a high-profile corporate power struggle for more than a year, filed a lawsuit to invalidate the shares held by its largest shareholder Baoneng Group.<br \/>\nVanke alleges that insurance conglomerate Baoneng violated securities laws while it accumulated a 25.4 per cent holding in Vanke because it borrowed funds through shadow banks without proper disclosure.<br \/>\nIn a lawsuit filed with the Shenzhen Luohu District People\u2019s Court, the country\u2019s second&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2068854\/china-vanke-files-lawsuit-invalidate-ownership-rights-majority-shareholder\" target=\"_blank\">China Vanke files lawsuit to invalidate ownership rights of majority shareholder Baoneng<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Vanke, which has been embroiled in a high-profile corporate power struggle for more than&#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-43187","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-bez","jetpack-related-posts":[{"id":18854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-gains-after-baoneng-raises-shareholding-to-almost-25pc\/","url_meta":{"origin":43187,"position":0},"title":"Vanke gains after Baoneng raises shareholding to almost 25pc","date":"July 6, 2016","format":false,"excerpt":"\r China Vanke, embroiled in a long-running takeover saga, saw its mainland traded A-shares rebound on Wednesday after its largest shareholder Baoneng Group raised its stake in the company to approximately 25 per cent.\r \r Source : South China Morning Post\r Read more...Vanke gains after Baoneng raises shareholding to almost\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-fires-latest-salvo-in-takeover-battle-with-baoneng\/","url_meta":{"origin":43187,"position":1},"title":"Vanke fires latest salvo in takeover battle with Baoneng","date":"July 19, 2016","format":false,"excerpt":"\r China Vanke fired the latest salvo in its takeover battle with Baoneng Group on Tuesday, after filing a open letter with the securities regulators, accusing its largest shareholder of illegal fund raising as it increased its stake over the past six months in the housebuil\r \r Source : South\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wang-insists-regulators-would-block-any-baoneng-attempt-to-oust-the-vanke-board\/","url_meta":{"origin":43187,"position":2},"title":"Wang insists regulators would block any Baoneng attempt to oust the Vanke board","date":"June 27, 2016","format":false,"excerpt":"\r Wang Shi, the founder and chairman of China Vanke, has attempted to reassure investors in the embattled firm that market regulators would step in if the company\u2019s largest shareholder Baoneng Group did anything to hurt the company\u2019s operations, or its share price.\r \r Source : South China Morning Post\r\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":43187,"position":3},"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":49827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-delays-board-re-election-to-hold-baoneng-at-bay\/","url_meta":{"origin":43187,"position":4},"title":"Vanke delays board re-election to hold Baoneng at bay","date":"March 27, 2017","format":false,"excerpt":"\r China Vanke Co., the country\u2019s second-largest developer and target of a hostile takeover last year, said it will refrain from appointing a fresh board of directors even as their tenure ends, dealing a fresh blow to the acquirer Baoneng Group\u2019s effort to seize control. The tenure of Vanke\u2019s 11-member\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":43187,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43187"}],"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=43187"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43187\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}