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Citic Guoan Wine Co Ltd to issue new shares through private placement

Wednesday, 29 Jan 2014 07:00pm EST 

Citic Guoan Wine Co Ltd:Says issue of up to 449,110,000 shares to up to 10 investors, including a wholly owned subsidiary of its controlling shareholder, through private placement.Says issue price at no less than 3.34 yuan per share.Says to raise up to 1.5 billion yuan.Says the proceeds will be used to repay bank loans and build marketing system. 

Company Quote

0.27 +3.30%
22 May 2015