PRC food group in share sale

Hong Kong-listed China Yurun Food Group, a meat product manufacturer headquartered in Nanjing, has raised HK$3.51 billion (US$450 million) through a sale…

1 minute readDecember 14, 2010 at 11:58 PM

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Hong Kong-listed China Yurun Food Group, a meat product manufacturer headquartered in Nanjing, has raised HK$3.51 billion (US$450 million) through a sale of 117 million shares to Willie Holdings. Of these shares, 47 million were new shares issued in the form of a top-up placement.

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