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Wednesday, December 7, 2016

CSSC Plans $0.6B Private Placement

March 4, 2011

China CSSC Holdings (600150) plans to raise up to four billion yuan from a private placement of 60 million shares at not less than $0.6b per share, reports Shanghai Securities News, citing a company filing. The target shares will be offered to up to 10 investors, including China State Shipbuilding Corporation (CSSC), CSSC Holdings’ parent, Baosteel Group and China Shipping Group.

 
(Source: CapitalVue)


 
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