Sinomag Technology Co., Ltd. Class ASZSE: 300835

Sinomag Technology Plans Share Private Placement

· TradingView

Sinomag Technology Co Ltd SZSE:300835:

  • SAYS CO PLANS TO RAISE UP TO 760 MILLION YUAN ($109.99 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL AND REPAY BANK LOANS

($1 = 6.9096 Chinese yuan renminbi)