(Bloomberg) -- China Cosco Holdings Co., operator of
Asia's largest container line, may raise as much as 15.1 billion
yuan ($1.98 billion) in one of the biggest share sales in China
this year to buy new ships.
The company, based in Tianjin, will sell 1.78 billion shares
in Shanghai at 7.60 yuan to 8.48 yuan each starting today, it
said in a statement to the city's stock exchange. The sale will
probably be the fourth biggest of those approved in China so far
this year, according to data compiled by Bloomberg.
Read more at Bloomberg Emerging Markets News
Asia's largest container line, may raise as much as 15.1 billion
yuan ($1.98 billion) in one of the biggest share sales in China
this year to buy new ships.
The company, based in Tianjin, will sell 1.78 billion shares
in Shanghai at 7.60 yuan to 8.48 yuan each starting today, it
said in a statement to the city's stock exchange. The sale will
probably be the fourth biggest of those approved in China so far
this year, according to data compiled by Bloomberg.
Read more at Bloomberg Emerging Markets News
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