Guanghui Energy to sell preference shares
(Xinhua) Updated: 2014-04-25 13:24BEIJING -- Guanghui Energy Co Ltd announced its plan to issue preference shares on Friday, making it the first company to make such announcements after the regulator gave greenlight to the new type of funding.
The company said it will sell no more than 50 million shares to raise no more than 5 billion yuan (about $812 million), according to its statement filed with the Shanghai Stock Exchange.
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