Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO News

24/11/2014 11:18

Fosun Int'l (00656) gets nod for Hainan Mining spin-off

[ET Net News Agency, 24 November 2014] Fosun International (00656) said the proposed
spin-off of Hainan Mining for the listing of its shares on the Shanghai Stock Exchange has
been approved by the China Securities Regulatory Commission.
The offer price has been determined at Rmb10.34 per share. The net proceeds from the A
share IPO of Hainan Mining are expected to be Rmb1.76 billion.
Hainan Mining is a 60% indirectly owned subsidiary of Fosun. The principal businesses of
Hainan Mining include mining and sale of iron ore, and its main products are iron ore
products comprising lump, fines and iron concentrate. (HL)

Back to IPO News

A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.