Anhui Zhongding Sealing Parts (SHE:000887) will issue 1.92 billion yuan in convertible bonds, according to a Thursday filing with the Shenzhen bourse.
Existing shareholders will be given priority placement rights on Thursday, while public investors will be eligible to subscribe online without needing upfront funds, the filing said.
Company shares fell 2% during the midday break on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments