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Home›News›Ship firm IPO nets 2.2b US dollar on outlook
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December 10, 2009 · about 16 years ago

Ship firm IPO nets 2.2b US dollar on outlook

China Shipbuilding Industry Co raised 14.7 billion yuan (US$2.15 billion) in the country’s third-largest initial public offering this year. The country’s largest vessel equipment maker sold 1.995 million shares at 7.38 yuan each, the higher end of its price range, the company said in a statement to

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China Shipbuilding Industry Co raised 14.7 billion yuan (US$2.15 billion) in the country’s third-largest initial public offering this year. The country’s largest vessel equipment maker sold 1.995 million shares at 7.38 yuan each, the higher end of its price range, the company said in a statement to Shanghai Stock Exchange yesterday.

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