[Liberty Times reporter Huang Xuanbi, Liaoqian Ying / Taipei - optimistic about the future of Houses in China huge market opportunities, Lutheran Enterprise Group founder Zhou Junji yesterday on behalf of Heng-yu, chairman of the investment firm, purchased occupancy provider of real estate fifty-one% stake, he said future "Pan Xinyi Group" will work together to seize the Chinese market share, as Taiwan is still competing brands independently. Lutheran Enterprise Group shareholders' meeting held yesterday, the resolution will be released in the case of company directors noncompete restrictions reed rains afternoon, Zhou Junji immediately held a press conference to announce an investment company purchased a personal check-estate fifty-one% equity trader, became the major shareholder of residential and commercial real property. reed rains Pan Xinyi Group rushed to the home and the number of stores 1175 Zhou Junji noted, do not share the name Lutheran occupancy reed rains housing provider options, is to let the two sides became affiliation parent company, the future of the "Pan Xinyi Group" will follow America's largest Realty Realogy's successful model of the Group, reed rains a holding company with different Realty brand, the brand operate independently, operate independently, no affiliation with each other, and to create maximum operating synergies. Realogy is the largest Realty Group, which owns century21, coldwell banker, ERA, Sotheby's four Realty brand, four separate brand management, reed rains operation. Why choose to live for suppliers, Zhou Junji said housing and residential and commercial Lutheran has 30 years of real estate are well known Realty brand, each with high-profile brand equity and customer segment, Direct system reed rains and join the system in their own one day, in the past both sides has worked many times, this is focused more on China to jointly develop the market. reed rains Lutheran Housing Group is included in the residential reed rains and commercial real estate, the whole "Pan Xinyi Group" the Realty business groups, the number of head office has been ascribed to one thousand one hundred seventy-five currently Lutheran house number three hundred fifty-one headquarters in Taiwan, China eighty a Japanese company; Coldwell Banker headquarters to China one hundred reed rains thirty-nine number; residential and commercial real estate for store number three hundred sixty-eight Taiwan, China two hundred thirty-five. As curious about the outside world, in the end what is the price of the purchase, which Zhou Junji and Sumisho chairman Ng Yiu Kwan are unwilling to acquire shares of the amount and the process to do more instructions. Since Lutheran Housing market share in the domestic Realty industry first, Zhou Junji personal stake in the investment company announced after residential and commercial real property, the fair will need to declare a combination? FTC spokesman Sun Liqun said Zhou Junji an individual provider of real estate investment company purchased Check fifty-one% stake, has indeed associative-like state, the next will have to see whether the combination of reporting requirements. In this case, for example, after a fair law and institutions combined market share must reach third, and the combined market share of the former single business needs a combination of a quarter, but now it seems that the case should not be comply with this requirement. Another reporting requirements that combine institutions want to see last year's turnover is up to a hundred billion last year and is combined institutions reed rains are up to ten billion turnover, if it Zhou Junji personal stake in residential reed rains and commercial real property investment company run case , "should not need to be reported to the fair."
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