Chinese pipette Estates scraps HK$2.09-bln placement
pipette Current transformer car sun shades Fiber Ethernet transmission cup making machine lubricated plug valve Evaporator garn brautkleider thermoforming machines tablecloth Dump truck metal mesh Ac arc Welding machine football Jackets radiation detection dvd ripper paper bag machine party popper fisher sub sieve sizer 香椿
Chinese Estates scraps HK$2.09-bln placementPublished: 28 Jun 2009 22:51:40 PSTTop 5 News From ChinaKnowledge.comHTC’s U.S. handset sales likely to rise 50% in 2009Haier Group raises shareholding in Qingdao Haier to 44.58%China, Arab nations to set up energy co-op mechanismChina’s industrial profits down 22.9% in Jan-MayTCL teams up with Xinwang Media for digital TVJun. 29, 2009 (China Knowledge) — Chinese Estates Holdings Ltd<0127>, which is mainly engaged in property investment and development, has announced that it has canceled a HK$2.09-billion issuance plan in response to weak demand, sources reported.On Jun. 25, the Hong Kong-listed company started to issue 118 million shares at prices ranging from HK$13.26 to HK$14.17 apiece, reflecting discounts between 7% and 13% compared with the closing price of HK$15.24 on Jun. 24. The capital raised was between HK$1.56 billion and HK$1.67 billion.Chinese Estates decided not to issue another 29.5 million shares to raise a total of HK$2.09 billion. The proceeds would have been used to replenish the company’s working capital, according to the firm’s original plan.In 2008, Chinese Estates bought back a large quantity of shares at prices between HK$8.52 and HK$12.18 for more than HK$3 billion in total. At the end of last year, the firm’s debt was HK$11.7 billion, HK$3.2 billion of which will mature at the end of this year, and the firm currently has HK$10.4 billion in cash, sources reported. Copyright © 2009 http://www.chinaknowledge.comlithium polymer レッドストーン rmt 管理咨询 Superannuation moe rmt 负压风机