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China Spacesat Co Ltd Announces Results of Rights Issue

Tuesday, 13 Aug 2013 08:00pm EDT 

China Spacesat Co Ltd announced that it has issued 265,890,361 A shares of common stock with par value of RMB 1 per share to its existing shareholder, who are eligible to purchase three shares for every 10 shares they hold, at the price of RMB 5.45 per share. The Company raised RMB 1,449,102,467.45 through the rights issue. 

Company Quote

0.47 +0.90%
1:09am EDT