茂业百货和ITAT下季度将赴香港上市

透心凉

<p class="MsoNormal" style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 24pt; LINE-HEIGHT: 20pt; mso-char-indent-count: 2.0; mso-char-indent-size: 12.0pt;"><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">《<strong><span style="FONT-WEIGHT: normal;">香港明报</span></strong>》</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">8</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">月</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">1</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">日报道称，茂业百货和</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">两大百货集团下季度将赴香港上市筹资百亿。报道称，由人称</span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;; mso-hansi-font-family: &quot;Times New Roman&quot;;">“</span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">深圳首富</span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;; mso-hansi-font-family: &quot;Times New Roman&quot;;">”</span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">黄茂如打理的茂业百货，部署第四季度赴港上市，集资超过</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">20</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元，保荐人为高盛证券；同样经营内地百货业务的</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">集团，亦拟下半年在港集资约</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">78</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元，保荐人包括摩根士丹利、高盛、美林和德银。其中，茂业百货母公司为深圳茂业集团，旗下除拥有百货业务，也有从事地产发展；茂业百货业务集中深圳，</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">2004</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">年开始拓展广东，连同深圳店铺，分店总数达</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">17</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">家，去年营业额约</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">60</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元人民币。内地百货连锁集团</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">，自去年底已曾分别引入大摩、美国蓝山资本（</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">Blue</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">　</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">Ridge</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">）基金、美国对冲基金</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">Citadel</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">　</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">Investment</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">　</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">Group</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">等为策略投资者，涉资达</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">1.2</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿美元；据外电引述消息指，</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">预期今年盈利</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">10.4</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元人民币，按年急升近</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">14</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">倍，主要受惠零售网络扩张，</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">2008</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">及</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">2009</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">年估计盈利为</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">29.8</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元及</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">56</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">亿元。</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">营运模式较传统百货不同，据悉公司采用分账模式，旗下百货店犹如为供货商、业主、销售人员等提供一个经营平台，所有销售收入将按比例分账，扣除税项及折旧等开支后，</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">ITAT</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">可收取利润比例为</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">10%</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">，而供货商、业主、员工就分别为</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">60%</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">、</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">13%</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">及</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><font face="Times New Roman">7%</font></span><span style="FONT-SIZE: 12pt; FONT-FAMILY: 宋体; mso-ascii-font-family: &quot;Times New Roman&quot;;">；公司认为这种经营模式，无须承担任何存货风险，利润率可长期维持稳定，而且不需受租金及员工成本上涨压力影响。</span><span lang="EN-US" style="FONT-SIZE: 12pt;"><p></p></span></p>