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Shanxi Securities cuts price for private placement to 9.4 yuan/share

BEIJING
2015-09-24 10:26

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Shanxi Securities (002500.SZ) announced on late Wednesday that it would revise its private placement plan by cutting the issue price to 9.40 yuan from 12.74 yuan per share.

According to a company filing, the target of capital raised would remain unchanged at maximum of 4 billion yuan, which would be used for adding working capital of the company and expanding its business scale.

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