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Industrial Bank Co Ltd Amends Term of Private Placement

Thursday, 3 Jan 2013 07:00pm EST 

Industrial Bank Co., Ltd. announced that it has amended the issue price of up to 2,072,255,800 A shares of common stock with par value of RMB 1 per share from RMB 12.73 per share to RMB 12.36 per share, due to its dividend payment of RMB 0.37 per share for fiscal year 2011. The Company aims to raise up to RMB 26,379,816,334 through private placement.