Stocks News
- Poly Real Estate plans to sell new shares
Date: 6-Sep-2007 Sources: (Shenzhen Daily)
POLY Real Estate Group Co., China's second-largest developer by market value, said yesterday it plans to sell 126.2 million new shares to the public.
Of the shares offered, 90.5 million, or 7.38 percent of the company's total shares, will begin trading Sept. 10, according to a statement published in the China Securities Journal. The statement didn't say how much the Shanghai-listed company plans to raise from the offering.
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