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Provider: Wright Reports
Provider: Sadif Analytics Prime

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China Shipbuilding Industry Co Ltd completes private placement and revises conversion price of convertible bonds

Friday, 24 Jan 2014 07:00pm EST 

China Shipbuilding Industry Co Ltd:Says completed issuance of 2,019,047,619 A shares at 4.20 yuan per share, to nine companies through private placement.Says raised 8,479,999,999.80 yuan through the issuance.Says China Shipbuilding Industry Corporation is holding 45.91 pct stake (8,029,035,174 shares) down from 51.90 pct (8,029,035,174 shares).Says conversion price of its convertible bonds revised from 4.87 yuan per share to 4.79 yuan per share, due to the private placement result, applicable from Jan. 28. 

Company Quote

0.76 +8.90%
18 Dec 2014