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Mineweb reported China Molybdenum Co Ltd (HKG:3993) will raise 3.646 billion yuan ($575 million) in a share offer on the Shanghai Stock Exchange.
Mineweb reported China Molybdenum Co Ltd (HKG:3993) will raise 3.646 billion yuan ($575 million) in a share offer on the Shanghai Stock Exchange.
As quoted in the market news:
China Molybdenum plans to issue up to 542 million A-shares denominated in yuan, or up to 10 percent of its expanded share capital, to build new projects, it said in the prospectus.