Jilin Chemical Fibre Co., Ltd. to Issue New Shares in Private Placement

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Jilin Chemical Fibre Co., Ltd. to Issue New Shares in Private Placement

Date:2011-08-24 Source:hankunhankun Text Size:

Monday, 22 Aug 2011 08:00pm EDT
Jilin Chemical Fibre Co., Ltd. (000420.SZ)announced that it plans to issue up to 200 million A shares of common stock, at a price of down to RMB 5.36 per share in private placement. The Company expects to raise up to RMB 1,334,048,800 from the issue.

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