英语翻译请帮我把这篇中文译成英文,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

Question

英语翻译
请帮我把这篇中文译成英文,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

Titan (1192) in recent years due to the heavy debt which the weak share price,but the last two years is hard to discount redemption through to new debt for old debt,placing and cash in an old vessel model to alleviate the massive debt,the future In recent years,a strong focus on rehabilitation of the storage industry from its share price weakness of a wash,0.6 yuan in the vicinity of the earlier of stability and can be from 0.8 to 0.9 yuan next target.
An active debt relief.Titan has been loss of 1.6 billion yuan in 2008,then intention to terminate the oil trading business,and further massive cash old vessels,and the aggregate principal amount of senior notes repurchased off nearly 7 million,subject to performance improvement takes time,as at last year's 9 the first three quarters ending on,still loss attributable to shareholders reached 306 million yuan,the annual results announced in mid-,nor expectations.
Even so,however,financial difficulties this year,Titan shall provide much relief,the first since last July re-sold four old vessels,cash 537 million yuan,although recorded a significant loss,but set back the cash is the key.Meanwhile,the Group further 2.44 billion yuan note holders combination offer,holders of 1000 U.S.dollars per instrument,in exchange for 199 U.S.dollars in denominations due in 2015,8.5% per annum of new notes,3,075 shares (a price 0.22 yuan per share ) and 12.5 U.S.dollars in cash,this calculation,bills to three fold back system,if fully accepted,will enable 1.7 billion debt greatly reduced,while the offer expired in last Thursday,the result will soon be clear.
In addition,the group recently re-placement of 0.37 yuan per share,one billion new shares to an investment fund,raised 370 million yuan,in other words,sale of shares in the sale of vessels and fund-raising operation can be made nearly 900 million yuan in cash,and the other instruments are also opportunity to 1.7 billion of debt greatly reduced.
Second,to actively develop new business.Debt relief,the Titan is focused on the development of Singapore and Malaysia floating storage,and storage terminals in China Quanzhou Shipyard in business with the Mount,and has expanded to six super-floating storage tankers,and Fujian,100,000 tons-level terminal building at the end of completed,with Nansha two new chemical storage,total storage capacity of the mainland added in 2008 1.45 times compared.Last year,Titan,together with Warburg Pincus to invest up to China's 313 million warehouse,to a total capacity of about 1.1 million cubic meters to about 2.6 million cubic meters large.
Based on a strong position,favorable stock price continued to break sprint,next to the 2007 level of 0.8 to 0.9 yuan as the target.