Sunwave Communications Co., Ltd.SZSE: 002115

Sunwave Communications Plans Share Private Placement

· Issued by Sunwave Communications Co., Ltd.

Sunwave Communications Co Ltd SZSE:002115:

  • SAYS IT PLANS TO RAISE UP TO 992 MILLION YUAN ($147.92 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH WORKING CAPITAL AND REPAY INTEREST-BEARING DEBT

($1 = 6.7063 Chinese yuan renminbi)

Sunwave Communications Co., Ltd. on 6ix