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BRIEF-Fujian SBS Zipper plans to raise up to 1.59 bln yuan in share placement
September 28, 2017 / 8:25 AM / 2 months ago

BRIEF-Fujian SBS Zipper plans to raise up to 1.59 bln yuan in share placement

Sept 28 (Reuters) - Fujian SBS Zipper Science & Technology Co Ltd

* Says it plans to raise up to 1.59 billion yuan ($238.40 million) in share placement to repay bank loans, replenish capital and fund acquisition

Source text in Chinese: bit.ly/2wmWAMG

Further company coverage: ($1 = 6.6696 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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