Jiangxi Wannianqing Cement to raise US$105m

Jiangxi Wannianqing Cement to raise US$105m
Published: 18 February 2011

Jiangxi Wannianqing Cement Co, Ltd, a China-based manufacturer and seller of Portland cement and Portland cement clinker, is planning to raise CNY692m (US$105m) through a private placement of 65 million shares at a price of CNY10.64 ($1.62) per share.