Sichuan Hongda Co Ltd

Type: Company

Name: Sichuan Hongda Co Ltd

Fact Sheet: Fact Sheet for Sichuan Hongda Co Ltd

First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Sichuan Hongda Co Ltd Announces Expiration of Private Placement Plan

Sichuan Hongda Co., Ltd. announced that its private placement plan of issuing 403,587,443 A shares of common stock at a price of down to RMB 11.15 per share, which was announced on November 30, 2011 and aimed at raising up to RMB 4.5 billion, was automatically ... [Published Reuters - Apr 25 2013]

Entities: Sichuan Hongda Co Ltd, Private Placement, Common Shares

Quotes

Charles Morrison, International Head of Finance & Projects at DLA Piper, commented: "We have a long history of advising on landmark deals in East Africa and specifically in Tanzania where we advised on the US$3 billion joint venture between Sichuan Hongda and the National Development Corporation of Tanzania (NDC) to develop a significant energy project. This is a logical progression in building our presence and practice in the East African market."

DLA Piper boosts offering in East Africa [Published DLA Piper - Apr 19 2013]

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