News Column

Nanning Sugar Industry Plans to Finance CNY507mn

August 8, 2014

SHANGHAI, August 8, SinoCast -- Nanning Sugar Industry announces that it plans to issue not more than 65 million shares in a non-public offering to finance not more than CNY 507.32 million. The financing will be used for a 10,000-ton sugarcane pressing technology upgrade project in Xiangshan sugar plant, sugar e-commerce business of Nanning Yunou Logistics Company and working capital supplement.

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Source: Sinocast Consumer Products Beat (China)

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