Tag Archives: Pang Da

Saab delay submission to creditors in order to continue negotiations

November 21, 2011 8:49 Line

By: Swade

Comments (2)

Re-posted As the day in question is tomorrow and there are still a few headlines going around about this, I thought it wise to bring it back to the top of the page. —— Despite the sound of the headline, …
Read more →

MoU with Youngman, Pangda has expired, but talks continue

November 15, 2011 12:45 Line

By: Swade

Comments (2)

Today’s the day the Memorandum of Understanding that was signed on October 28 expires. There might be some uncertainty as to what that will mean for Saab today. In short, whilst the MoU does indeed expire, all parties to that …
Read more →

Waiting….. (still)

November 14, 2011 15:56 Line

By: Swade

Comments (23)

It’s the beginning of what will surely be another big week in the history of Saab Automobile. I think I can speak for colleagues here at Saab and say that we’ve seen some wonderful things in the last few weeks …
Read more →

Press Release – Swedish Automobile N.V.: INFORMATION ON EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

November 11, 2011 21:47 Line

By: Swade

Comment (1)

I know we have some shareholders in SWAN and other interested parties who visit here, so this is important information for them. It’s also interesting for those business-watchers following developments with regards to the sale of Saab. —— Zeewolde, The …
Read more →

The process with China and preparing for GM continues

November 9, 2011 23:31 Line

By: Swade

Comments (5)

As you may have read in news reports earlier today, discussions are ongoing with our Chinese partners as we try to negotiate a solution that will satisfy all parties. Reuters: China’s Zhejiang Youngman Lotus Automobile Co said it still wanted …
Read more →

Press Release: SWEDISH AUTOMOBILE SIGNS MOU WITH PANG DA AND YOUGMAN FOR THE SALE OF SAAB AUTOMOBILE AND SAAB GB

October 28, 2011 9:46 Line

By: Swade

Comments (17)

Zeewolde, The Netherlands, 28 October 2011 – Swedish Automobile N.V. (Swan) announces that it entered into a memorandum of understanding with Pang Da and Youngman for the sale and purchase of 100% of the shares of Saab Automobile AB (Saab …
Read more →

Press Release: Swedish Automobile Terminates Subscription Agreement With Pang Da And Youngman

October 23, 2011 22:30 Line

By: Swade

Comments (6)

Trollhättan, Sweden: Today, Swedish Automobile N.V. (Swan) announced that it has given notice of termination with immediate effect of the Subscription Agreement of July, 2011 entered into by Swan, Pang Da and Youngman. Swan took this step in view of …
Read more →

Press Release: ONGOING DISCUSSIONS WITH PANG DA AND YOUNGMAN

October 21, 2011 18:42 Line

By: Swade

Comment (1)

Zeewolde, The Netherlands, 21 October 2011 – Swedish Automobile N.V. (Swan) confirms that a new offer, constituting a direct purchase of the shares of Saab Automobile AB and Saab Great Britain Ltd, was made by Pang Da and Youngman. The …
Read more →

Press Release: Swedish Automobile Received Commitment From North Street Capital On Funding

October 20, 2011 14:40 Line

By: Swade

Comments (7)

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces it has received a commitment from North Street Capital, LP (North Street) on the funding of Swan and Saab Automobile AB (Saab Automobile). The offer consists of the following transactions: Subscription to 2,386,635 …
Read more →

No NDRC decision today

October 14, 2011 12:31 Line

By: Swade

Comments (5)

Some internal news from Saab: Many have highlighted October 14 as a possible date when the NDRC would take its decision regarding Saab’s planned business agreements with Pang Da and Youngman. For third parties it is not possible to know …
Read more →