DAHU AQUACULTURE CO.,LTD. to Issue New Shares in Private Placement

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DAHU AQUACULTURE CO.,LTD. to Issue New Shares in Private Placement - ResearchInChina

Date:2011-07-28litingting Text Size:

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Dahu Aquaculture Co.,Ltd.(600257.SH)

DAHU AQUACULTURE CO.,LTD. announced that it plans to issue 35-50 million A shares of common stock, at a price of RMB 7.21 per share in private placement. The Company expects to raise RMB 252.35-360.50 million from the issue. The target subscriber will be a Hunan-based holding company.

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