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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Sanan Optoelectronics Co Ltd Announces Private Placement

Monday, 27 May 2013 08:00pm EDT 

Sanan Optoelectronics Co Ltd announced that it will issue up to 208.60 million A share of common stock with par value of RMB 1.00 per share at not less than RMB 15.82 per share in private placement. The Company aims to raise up to RMB 3.3 billion to invest in its production project and use as supplement of working capital.