2/18/2011 1:10:13 PM
February 18, 2011 -- Shenzhen Neptunus Bioengineering released plans to raise up to 1.44 billion RMB ($219 million) through a private placement. The company expects to sell as much as 139 million shares at a minimum price of 10.37 RMB per share. Most of the new capital will be used to upgrade its distribution network. More details....
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