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5 months ago
BRIEF-Guangdong Xinbao Electrical Appliances Holdings raises 913 mln yuan via private placement
March 30, 2017 / 7:31 AM / 5 months ago

BRIEF-Guangdong Xinbao Electrical Appliances Holdings raises 913 mln yuan via private placement

March 30 (Reuters) - Guangdong Xinbao Electrical Appliances Holdings Co., Ltd.:

* Says it raised 913.0 million yuan via private placement

* Says the controlling shareholder's stake is lowered to 69.2 percent from 75.3 percent after the private placement

Source text in Chinese:goo.gl/8D4E2c; goo.gl/bbVwWO

Further company coverage: (Beijing Headline News)

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