<On Debut>BRANDINGCHINA (08219) closes at $2.06, 4% above offer price - AASTOCKS.com

Industrial News

BRANDINGCHINA (08219) closes at $2.06, 4% above offer price

2012-04-27 16:33

BRANDINGCHINA (08219) opened at $2.18 on debut, hitting day high/low at $2.32/$2. It eventually closed at $2.06, which was 8 cents, or 4% higher than offer price ($1.98). 5.33 mln shares were changed hand on market, involving $11.25 mln. Excluding handling fee, each board lot of 20 shares booked a gain of $160.

BRANDINGCHINA is mainly engaged in design and advertising business. The company is listed by way of placing 50 mln shares to 125 investors with a price range of $1.46 to $2.14. The final offer price was set at $1.98, raising a net proceed of $74.9 mln. Anglo Chinese acted as the sponsor. (y)

AAStocks Financial News
Fax: 852 2186 8286
Email: newsroom@aastocks.com
Web Site: www.aastocks.com

News Provided by: AASTOCKS.com

Hotline:(852) 2186 8685

Email:support@aastocks.com

Sitemap

Back to the Top

AASTOCKS.com

Mainpage

Products

Market

Quotes

Analysis

News & Research

Warrants

CBBCs

MPF

US Stocks

Forex

Funds

Members

About Us

AASTOCKS

China Site

Note: AASTOCKS.com Ltd endeavors to ensure the accuracy and reliability of the information provided but does not guarantee its accuracy or reliability and accepts no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.