英语翻译请把它译成英文,急用.泰山石化(1192)近几年因债务沉重以致股价走势疲弱,不过近两年则痛定思痛,透过折扣赎回、以新债换旧债、配股及大举套现旧船模式来减轻债项,未来将集中发

Question

英语翻译
请把它译成英文,急用.
泰山石化(1192)近几年因债务沉重以致股价走势疲弱,不过近两年则痛定思痛,透过折扣赎回、以新债换旧债、配股及大举套现旧船模式来减轻债项,未来将集中发展近年强力复兴之仓储业,令其股价一洗颓势,早前已在0.6元附近靠稳,下一站可以0.8至0.9元为目标.
一,积极减债.泰山石化2008年已亏损16亿元,其后立心将石油贸易业务终止,并再大举套现旧船,并回购注销优先票据本金总额近7亿元,惟业绩改善需时,截至去年9月之首3季止,股东应占亏损仍达3.06亿元,所以月中公布的全年业绩,也不可厚望.
虽然如此,不过,泰山石化今年财困应可大大纾缓,首先在去年7月至今再售4艘旧船,套现5.37亿元,虽然录得重大亏损,但套回现金才是关键.同时,该集团再向24.4亿元票据持有人提出组合收购要约,每持1000美元票据,可换取面额199美元於2015年到期、年息8.5%新票据、3075股新股(每股作价0.22元)及现金12.5美元,以此计算,票据系以3折收回,若全数接纳,将可令负债大减17亿元,而收购要约已在上周四到期,结果会很快明朗.
此外,该集团近期再以每股0.37元配售10亿新股予一个投资基金,筹得3.7亿元,换言之,在售船及售股集资行动中共可取得近9亿元现金,另也有机会将票据债项大减17亿元.
二,积极拓展新业务.减债后,泰山石化正集中精力发展新加坡及马来西亚浮动仓储、及中国仓储码头同泰山泉州修船厂业务,并已扩大浮动仓储至6艘超级油轮,而福建10万吨级码头建设则在去年底完工,加上南沙二期新增化工品仓储,内地仓储总容量对比2008年新增1.45倍.去年中,泰山石化联同华平向中国仓储注资最多3.13亿元,将其总容量由约110万立方米大增至约260万立方米.
基於形势大好,有利股价继续突破冲刺,下一站可以2007年的0.8至0.9元水平作为目标.

Answer 1

Taishan petrochemical (in) for debt heavy 1192 that stock price movements,but weak in fortune is redemptive,through the discount on new debt in debt,match and aggressively taking old ship model to relieve debts,future will focus on the recent development of powerful revival,make its shares a ware-housing wash boards,earlier in the near $0.6 already,next to 0.8-0.9 yuan for the target.
A debt,actively.Taishan petrochemical 2008 has lost 16 billion yuan,then put oil trade business heart will terminate,and again in the old ship,and cash is total principal instrument buyback cancellation nearly 7 million yuan,but the performance improvement need,as the season 3 last September,the loss of 3.06 million yuan,is released during the annual performance so,nor expectations.
However,this year,taishan petrochemical wealth can greatly ease,should be trapped in July last year,has sold more cash,four old boat 5.37 billion yuan,although have significant losses,but the back into cash is the key.At the same time,the group to 80% billion yuan holder proposed takeover bid,the combination of $1,000 per bill,can exchange value $199 expires,the annual interest in 2015,a new instrument,3075 8.5 per treatment new shares ($1.25 yuan) and cash,calculation,the bill by 3 fold back,if the full acceptance,will make great minus liabilities 1.7 billion yuan,and purchase offer expires on Thursday,the result has been quickly.
In addition,the group in recent 10 billion yuan per 0.37 to a new sale investment funds,to raise 3.7 billion yuan,in other words,sold in the ship and sale funds action can obtain party nearly nine billion yuan in cash,the other is the opportunity to bill debt from 17 billion yuan.
Second,develop new business.Debt reduction,taishan petrochemical are focused on Singapore and Malaysia floating dock in China and warehousing and storage,and with the taishan quanzhou business has expanded and docks-he'd spend six ships to float storage tanker and super fujian 100000 DWT dock construction is finished,add in late new chemical storage,nansha phase mainland storage capacity compared to the 2008 new 1.45 times.Last year,China taishan petrochemical storage into conjunction with huaping 3.13 billion yuan,up by the total capacity of about 110 million cubic meters of large rose about 260 million cubic meters.
Based on the situation of favorable prices continue to breakthrough,sprint,the next station May 2007 0.8-90 yuan level as a target.