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Suzhou New District Hi Tech Industrial Co Ltd to issue new shares through private placement

Thursday, 23 Jan 2014 07:00pm EST 

Suzhou New District Hi Tech Industrial Co Ltd:Says to issue up to 434.78 million new shares of its common stock for not less than 3.45 yuan per share to up to ten investors through private placement.Says to raise up to 1,500 million yuan through the private placement.Says the proceeds to be used for project construction and supplement of working capital.