The super modern rights issue has raised more than 1.7 billion yuan and has lost 16% of the price

Source: Internet
Author: User
Keywords Citigroup
Tags .net company net operating operating capital package stock stock price
Super Modern (00682) allotment to repay the priority of the bill and interest, this morning, the stock price under pressure, low see 4.5 yuan, down 15.9%, has fallen through 4.6 yuan placing price level.  The current price of 4.53 yuan, still fell more than 15.3%, the provisional deal has more than 110 million yuan. The great modern proclamation, the proposed placement of the highest 388 million shares, 4.6 yuan per share, 1.784 billion yuan, a net of $1.74 billion, is intended to be used to repay the amount and interest of 7.75 secured priority bills due in 2010, and the general operating capital required by the company, placing agents including Merrill Lynch,  Citigroup and Nomura. The selling price is 5.35 yuan at the closing price before the suspension, and the placing shares account for 12.8% of the enlarged share capital.
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