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Jiangsu Changjiang Electronics Technology Co Ltd announces private placement of new shares

Wednesday, 27 Nov 2013 07:00pm EST 

Jiangsu Changjiang Electronics Technology Co Ltd:Says issue up to 234,962,406 new common shares for not less than 5.32 yuan per share through private placement.Says it will raise up to 1,250 million yuan in total through the issuance.Says the proceeds will be used for IC packaging testing project and working capital needs.