July 9, 2020 / 2:32 PM / a month ago

BRIEF-3Sbio Inc Says Sunshine Guojian Will Launch Proposed IPO On 13 July

July 9 (Reuters) - 3SBio Inc:

* SUNSHINE GUOJIAN WILL LAUNCH PROPOSED INITIAL PUBLIC OFFERING OF ORDINARY SHARES ON 13 JULY

* LISTING OF AND DEALINGS IN SHARES OF SUNSHINE GUOJIAN ON STAR MARKET ARE EXPECTED TO COMMENCE ON 22 JULY

* EXPECTED THAT OFFER PRICE OF SUNSHINE GUOJIAN IS RMB28.18 PER SHARE

* 3SBIO INC SEES STAKE OF CO IN SUNSHINE GUOJIAN TO BE DILUTED BY ABOUT 9%

* ESTIMATED THAT SUNSHINE GUOJIAN WILL RECEIVE TOTAL PROCEEDS OF RMB1.74 BILLION FROM OFFERING Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below