China Shipbuilding to raise $1.8 bln in A-share listing

SHANGHAI Dec 4 (Reuters) - China Shipbuilding Industry Co (601989.SS), the country's largest ship equipment maker, will raise 12.3 billion yuan ($1.76 billion) to 14.7 billion yuan in an A-share listing, the firm said in a statement on Friday.

China Shipbuilding Industry will issue about 2 billion shares to be priced from 6.15 yuan to 7.38 yuan.

The firm previously said it needed $937 million to expand production capacity and has appointed China International Capital Corp as the offering's lead underwriter.

(Reporting by Melanie Lee and Rujun Shen; Editing by Jonathan Hopfner)

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($1=6.826 Yuan)