Brief: Shanghai INT Medical Instruments To Issue A-Shares
11/10/2026 12:45
BRIEF-Shanghai INT Medical Instruments To Issue A-Shares Oct 11 (Reuters) - Shanghai INT Medical Instruments Co Ltd 1501.HK:
SAYS BOARD APPROVED PLAN FOR A-SHARE ISSUANCE ON SHENZHEN STOCK EXCHANGE
SAYS TO ISSUE UP TO 37,270,588 A-SHARES, EXCLUDING OVER-ALLOTMENT OPTION
SAYS TO USE 1.8 BILLION YUAN ($268.98 million) PROCEEDS TO FUND PROJECTS, DEVELOP MARKETING NETWORK, REPLENISH WORKING CAPITAL AND REPAY BANK BORROWINGS
Further company coverage: 1501.HK
($1 = 6.6920 Chinese yuan renminbi)
(Reporting by Beijing Newsroom)
((yukun.zhang@thomsonreuters.com;))
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