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Provider: Thomson Reuters Stock Report

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Jiangsu Zongyi Co Ltd to Issue A Shares in Private Placement

Tuesday, 21 May 2013 08:00pm EDT 

Jiangsu Zongyi Co Ltd announced that it will issue 193,829,260 A shares of common stock with par value of RMB 1 per share at RMB 6.22 per share to Mr. Zan Shengda, to raise RMB 1,205,618,000. After the issuance, Mr. Zan's direct and indirect holdings in the company will increase from 34.92% to 44.63%. 

Company Quote

0.18 +2.10%
2:59am EDT