Tianjin

Tianjin Port to raise HK$2.4b


Updated: 2010-01-15 11:29
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Tianjin Port to raise HK$2.4b

Tianjin Port Development Holdings Ltd said yesterday it will raise a net HK$2.4 billion placing 986.5 million shares at HK$2.50 each to help fund a previously announced acquisition. It will also raise HK$225 million by issuing 89.9 million shares to fulfill the exercise of an option.

Editor: Guo Changdong