Great Wall Technology Company Limited (HKG:0074) announced that the proposed non-public share issue by the company's subsidiary, China Great Wall Computer (Shenzhen) Co., Ltd., of not more than 380 million new shares at the issue price of not less than RMB4.94 per new share to not more than 10 target subscribers was not able to obtain its shareholders' approval at the unit's shareholders meeting held on 10 May 2012.
Source:chinesestock.org
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