Jinhui agrees on world offer | South China Morning Post
  • Sat
  • Jan 31, 2015
  • Updated: 7:08pm

Jinhui agrees on world offer

PUBLISHED : Monday, 15 August, 1994, 12:00am
UPDATED : Monday, 15 August, 1994, 12:00am
 

JINHUI Holdings has agreed with Nomura International and Christiania Fonds AS to go ahead with its global offering in Jinhui Shipping.


The international placing, at between US$1.70 and $2 per Jinhui Shipping share, will raise up to $96 million.


It will not exceed 48 million shares, or 48 per cent of total issued share capital.


Completion of the deal will give the company a separate listing on the Oslo Stock Exchange.


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