Brief: China Modern Dairy Says To Place 650 Mln Placing Shares At HK$2.40 Per Share
20/01/2021 24:24
Jan 20 (Reuters) - China Modern Dairy Holdings Ltd
1117.HK :
* TO PLACE 650 MILLION PLACING SHARES AT HK$2.40 PER SHARE
* NET PROCEEDS FROM PLACING EXPECTED TO BE ABOUT HK$1,552
MILLION
* INTENDS TO APPLY NET PROCEEDS ON INFRASTRUCTURE
DEVELOPMENT,
HERD EXPANSION, POTENTIAL ACQUISITIONS
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0120/2021012000085.pdf
Further company coverage: 1117.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China Modern Dairy Holdings
See all newsChina Modern Dairy's H1 revenue rises on higher milk volume, yield per cow
China Modern Dairy hits 10-week high on expecting a profit
Brief: China Modern Dairy Expects H1 2026 PBT Of At Least RMB43 Million
Brief: China Modern Dairy Receives SAMR Antitrust Clearance For China Shengmu Organic Milk Deal
Brief: China Modern Dairy Says Antitrust Filings Submitted To SAMR Engagement Ongoing