People and commercial rights raise 3.7 billion

"Washington News" (reporter Zhang Yizheng) Hong Kong stock company Rose 3rd, tens of thousands of eight points, a number of enterprises of large shareholders have occasion rights. People and Business (1387) suspension and announced yesterday morning, a total of 3 billion shares are allocated to the controlling shareholder at $1.86 per share, of which 2 billion will be financed by the company in the new form of the former, and the controlling shareholder shall have a total capital of 1 billion dollars by placing 1.86 billion shares of the old stock. 　　People and business afternoon, the stock price has been a sharp setback of more than 12%, close to 1.88 yuan, down 7.84%. Large shareholders placing the old bag 1.86 billion people and business to 1.86 yuan per share allotment, compared to the 2.04 yuan before the suspension of 8.8%. After the placement, the majority shareholder's shareholding will be reduced from about 67.2% to about 56.5%. The company said the net fund-raising amount of about 3.575 billion yuan, will be used to acquire 6 of the mainland underground shopping malls operating rights. People and business announced yesterday that at a total cost of about 834 million yuan to acquire 6 of the mainland properties, the total construction area increased by about 226,400 square meters.