Fangda Carbon New Material (600516) Scheme for Additional Shares Released; Marching Towards Global Top 1 Carbon Enterprise

  • Contributor:TX Investment Consulting
  • Date:Jul 18, 2011
  • Pages:2pages
  • Price:$20.00
  • File Type: Adobe Acrobat Reader®
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Excerpts:

The company released its non-public issuance scheme, in which, it plans to add not more than 231.5 million shares with share price less than Rmb12.16 per share. The company plans to collect not more than Rmb2816.0117 million. The fund will be invested in graphite material project and oil needle coke project with annual capacity at 30,000 ton and 100,000 ton respectively.


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