Jilin Chemical plans issue

PUBLISHED : Tuesday, 05 August, 1997, 12:00am
UPDATED : Tuesday, 05 August, 1997, 12:00am

Jilin Chemical Industrial Co will issue 300 million A shares within a year, having secured approval at a special meeting yesterday. The H-share company said the funds raised would be used to finance construction of an ethylene project, which has suffered cost overruns.



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