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Suzhou New Sea Union Telecom Technology Co Ltd offers rights issue


Sunday, 8 Jun 2014 08:00pm EDT 

Suzhou New Sea Union Telecom Technology Co Ltd:To issue 132,769,968 shares of common stock with par value of 1 yuan per share, at 3.61 yuan per share to its existing shareholders.Shareholders are eligible to purchase three new shares for every 10 shares they hold.To raise up to 480 mln yuan in total through the rights issue.Industrial Securities Co., Ltd., will be the leading underwriter of the rights issue. 

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