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Suning Plans To Issue Non-public Shares For New Projects

China Retail News (June 28th, 2009) Writes:
Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects. Of the total, shares valued at CNY250 million to CNY350 million will be acquired by Zhang Jindong, chairman [...]

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