News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Kangmei Pharmaceutical Co., Ltd. to Raise $529 Million


12/29/2010 8:53:11 AM

ChinaBio Today -- Kangmei Pharmaceutical will raise up to 3.5 billion RMB ($529 million) by offering rights for new shares to existing shareholders. The company will offer three new shares for each ten shares held at a price of 6.88 RMB each, a total of 508 million new shares. The company’s stock is currently selling for 20.99 RMB

Read at ChinaBio Today
Read at News Release

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES