TCC Int’l to raise up to US$113m in share sale

TCC Int’l to raise up to US$113m in share sale
Published: 15 January 2010

Cement maker and distributor TCC International Holdings is selling about 256.6 million new shares to raise up to $113 million, a term sheet showed on Thursday.

The shares were offered at HK$3.26 to HK$3.43 each, accounting for a discount of between 8 and 12.6 percent against the stock’s Thursday close of HK$3.73, it said.