Wei Wei Plans To Raise 780 Million Next Month

2010/6/14 15:53:00 37

Mainland bicycle lead acid will be held on Tuesday.

Battery manufacturer

Chao Wei intends to issue 250 million new shares in Hong Kong. Market information reveals that the stock price is between 2.18 and 2.9 yuan, and the scale of the fund raising is about 100 million US dollars (HK $780 million).

For each 1000 shares, the admission fee is about 2900 yuan.

Chao Wei expects that this year's diluted earnings will be 7.5-10 times and forecast net profit of 255 million yuan. The news is that super well is based on Khazanah, an investment company of Malaysia government.

Investor

Subscribe to about 75 million shares.

According to the news, ultra Wei will be listed on Friday, and will be listed on the 2 day of next month.

Wei Wei was founded in 1998, and its production headquarters is in Changxin, Zhejiang. By the end of 2009, the company had designed 34 million 100 thousand annual capacity.

According to the data provided by the Frost & Sullivan report, in 2009, the market share of the lead-acid power battery market was about 18.3%, accounting for the leading position in the industry.

Preliminary promotion is expected this week.

Agricultural Bank

The news means that Singapore's flagship Temasek based investor has been finalized, involving about 300 million US dollars (about HK $2 billion 340 million). ABC and nearly 20 potential underlying investors are engaged in the negotiations, including Chang Shi (001), China Travel Group, Huarun group, Holland Cooperation Bank, Standard Chartered (2888), etc.