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Provider: Reuters Investment Profile
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Liaoning Cheng Da Co Ltd to Issue New Shares through Private Placement

Wednesday, 11 Sep 2013 08:00pm EDT 

Liaoning Cheng Da Co Ltd announced that it will issue up to 140 million new shares, at the price of no less than RMB 13.26 per share, to raise up to RMB 1,856,400,000. The Company will use the proceeds to invest in a business project.