Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports

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.

Shanghai Chenghai Enterprise Development Co Ltd to Issue New Shares and Acquire Stake in Shanghai-based Company

Monday, 6 May 2013 08:00pm EDT 

Shanghai Chenghai Enterprise Development Co Ltd announced that it will issue approximately 217,358,399 new shares at RMB 8.12 per share to Mr. Yan Jinggang and 76 other individuals as well as eight institutions, in exchange for a 92.99% stake in a Shanghai-based company engaged in the development, production and sale of precast concrete piles. The Company will also issue new shares to up to 10 investors at the price of no less than RMB 7.31 per share, for capital injection in the Shanghai-based company and business operation. 

Company Quote