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Wine maker to list B shares
Monday, 16 July, 2012, 11:15pm
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10:53PM
Wine producer Changyu Group Co, based in Yantai, Shandong province, is to offer and list 80 million B shares.
A company executive said official approval had been given, but he gave no other details.
Changyu Group expected to raise 300 million yuan (about HK$279 million) from the issue and would use the money to expand production and buy two small firms, International Business Daily said.
