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Shandong Jintai Group Co Ltd to Issue A Shares in Private Placement

Tuesday, 26 Mar 2013 08:00pm EDT 

Shandong Jintai Group Co Ltd announced that it will issue up to 317,124,800 A shares of common stock with par value of RMB 1 per share at a price of RMB 4.73 per share, to a Beijing-based investment management center (Company A), to raise up to RMB 1,500,000,304. After that, Company A will hold a 68.16% stake in the Company. 

Company Quote

-0.1 -0.71%
1:59am EST