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Zhuhai Boyuan Investment Co Ltd Amends Private Placement Plan


Thursday, 25 Apr 2013 08:00pm EDT 

Zhuhai Boyuan Investment Co Ltd announced that it has amended its private placement plan that was previously announced on November 17, 2012. According to the new plan, it will issue up to 623.70 million A shares of common stock with par value of RMB 1 per share at not less than RMB 4.81 per share, to raise up to RMB 3 billion. Part of the funds will be used to acquire a 100% stake in three Guizhou-based mining industry companies and relative mining rights. 

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