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Changjiang Publishing & Media Co Ltd Issues Shares through Private Placement

Tuesday, 10 Sep 2013 08:00pm EDT 

Changjiang Publishing & Media Co Ltd announced that it has issued 173,965,824 A shares at RMB 6.73 per share through private placement, to six companies and two individuals. The Company has raised RMB 1,170,789,995.52 in total. As a result, the Company's top shareholder, a publishing and media group company, has its stake decreased from 65.76% (683,684,486 shares) to 56.33% (683,684,486 shares). 

Company Quote

-0.28 -1.80%
2:59am EDT