Tuesday, January 25, 2011

Logistics Park, Shouguang agricultural applications listed in Hong Kong next month

 NetEase Finance Jan. 21 hearing, according to foreign media reports, agricultural market operators - China Shouguang Agricultural Products Logistics Park in mid-February will be brought to the Hong Kong Stock Exchange listing, to be in the second quarter, 800 million in funding to the Hong Kong stock market $ 1,000,000,000.

March last year the company completed its initial public offering before (Pre-IPO) of $ 600,000,000 financing transactions, six investors investment 100 million U.S. dollars each, were acquired 30% stake in the company, offer the equivalent of 18 times 2010 earnings. Investors include Atlantis Investment Management, Blackstone, Capital International and Warburg Pincus.

Logistics Park, Shouguang agricultural production of agricultural products to provide the main trading center, e-commerce platform, logistics centers and other value-added services.

(This article Source: NetEase Finance)

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