3SBio Inc. Announces Private Placement of 105 Million New Shares

Reuters12-02
<a href="https://laohu8.com/S/TRSBF">3SBio Inc</a>. Announces Private Placement of 105 Million New Shares

3SBio Inc. has announced the placing of 105,169,500 new shares under a general mandate. The placement will be managed by Morgan Stanley Asia Limited as the sole placing agent, overall coordinator, global coordinator, and bookrunner. The new shares will not be registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States unless an exemption applies. The company has no intention to register the securities in the U.S. or conduct a public offering there. The placement is intended for independent third parties and is in accordance with the general mandate granted by shareholders, representing no more than 20% of the company's issued share capital as of the last annual general meeting.

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