Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Thomson Reuters Stock Report
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Nanjing Panda Electronics Co Ltd Completes Share Issuance through Private Placement


Monday, 1 Jul 2013 08:00pm EDT 

Nanjing Panda Electronics Co Ltd announced that it has completed the issuance of 258,823,529 A shares with par value RMB 1 per share at RMB 5.10 per share (RMB 1,319,999,997.90 in total), through private placement to nine companies. China Securities served as the main underwriter. As a result, Panda Electronics Group has its stake in the Company decreased from 51.10% (334,715,000 shares) to 36.63% (334,715,000 shares), a Hong Kong-based company has its stake decreased from 36.75% (240,711,599 shares) to 26.34% (240,711,599 shares), a Nanjing-based investment partnership is holding a 5.58% stake (51,000,000 shares), a Nanjing-based information industry group company is holding a 4.29% stake (39,215,686 shares), a Jiangsu-based investment company is holding a 3.83% stake (35,000,000 shares) and Caitong Fund Management Co., Ltd. is holding a 3.28% stake (30,000,000 shares). The proceeds will be used for investment in automation equipment, communication equipment, transport electronic equipment industrialization projects and development center project. 

Company Quote

4.6
0.0 +0.00%
10 Apr 2014