ORIENTAL Investment Corp, a Hong Kong-listed investor in renewable energy projects, is raising HK$579 million (US$74) selling shares to fund the acquisition of two companies in the southern Chinese city of Dongguan.

Controlling shareholder Wealth Success will sell 640 million shares at 90.5 HK cents each, and will then subscribe to an equal amount of new stock at the same price, Oriental Investment said in a statement.

Source:佚名