China resources to raise $14.34 per share allotment 4.3 billion yuan

Source: Internet
Author: User
CRC announced that, at the placing price of $14.34 per share, the new method of placing 300 million shares and raising 4.302 billion yuan to raise the estimated net amount of about $4.24 billion will be used for future acquisition of land reserves and general operating capital.  The selling price was 15.26 yuan at the close of yesterday's closing price of about 6.03%, and the placing shares accounted for 5.97% of the enlarged share capital. After the completion of the transaction, China Resources group and concerted action on China Resources Holdings, will be a total of 67.21% diluted to 63.19%.

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