盈德氣體董事會權爭公開化

An independent shareholder in Yingde Gases is bidding for a board seat as the Chinese group becomes the subject of a rare public battle over power in an Asian boardroom — and one which could produce something almost as unusual: inbound Chinese dealmaking.

盈德氣體(Yingde Gases)爆發了一場公開化的董事會鬥爭，這在亞洲企業中實屬罕見，並可能帶來一個幾乎同樣不尋常的結果：外國企業收購中國公司。目前，該公司一個獨立股東正謀求得到一個董事會席位。

Oasis, a Hong Kong-based hedge fund, owns 4.5 per cent of the contested company and is asking for a seat at the table even as the existing board has split into two rival factions, each seeking to oust the other. The bitter infighting has stalled deliberations over a $1.3bn offer for Yingde from Air Products of the US.

香港對衝基金Oasis持有這家爭議公司4.5%的股份，目前要求獲得一個董事會席位，而此時現有董事會已經分裂成兩派，各自尋求罷免對方。這場激烈內訌已使得有關美國空氣產品公司(Air Products)以13億美元要約收購盈德事宜的討論被擱置。

Yingde, one of China’s largest suppliers of industrial gases, does not have a single controlling shareholder — which could leave investors such as Aberdeen Asset Management, BlackRock, Robeco and Oasis as kingmakers in the clash.

作爲中國最大的工業氣體供應商之一，盈德不存在單一控股股東，因此安本資產管理公司(Aberdeen Asset Management)、貝萊德(BlackRock)、荷寶(Robeco)和Oasis等投資者有可能成爲這場衝突中的“造王者”。

Chinese boards usually try to keep disagreements private, but Yingde’s infighting spilled into the open last November when two of the company’s founders, Zhongguo Sun and Trevor Raymond Strutt, were removed as chairman and chief executive, and chief operating officer respectively, by the board. The company is now chaired by

中國企業董事會一般不會將分歧對外聲張，但去年11月，盈德董事會罷免了創始人孫忠國董事會主席、首席執行官的職位，罷免了另一名創始人特雷弗?雷蒙德?斯特拉特(Trevor Raymond Strutt)首席運營官之職，這場內鬥由此公開化。目前是趙項題擔任董事會主席。