Agriseeds Technology To Inject 7.2M Yuan Into Subsidiary

Date:2011-10-18litingting  Text Size:

October 17 -- Grand Agriseeds Technology (300189) plans to inject 7.2 million yuan from the excess funds raised from its initial public offering into Hunan Detian Seeds, reports, citing a company filing.

Following the capital injection, the registered capital of Hunan Detian Seeds will rise from five million yuan to 10.2 million yuan, and it will become a subsidiary of Agriseeds Technology.

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