|
|
Article: Sale of common stock announced by Qiao Xing Universal Telephone, Inc.(Brief Article)
- Article from:
- Telecomworldwire
- Article date:
- April 13, 2005
CopyrightCOPYRIGHT 2005 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TELECOMWORLDWIRE-13 April 2005-Sale of common stock announced by Qiao Xing Universal Telephone, Inc.(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
Qiao Xing Universal Telephone, Inc. (Nasdaq:XING), a telecommunications company, has announced that it has obtained binding commitments from three individual investors to purchase 500,000 shares of its common stock at a price of USD7.25 per share, for gross proceeds of USD3.625m.
...