Article: ANNADA AND SOUTHEAST SPACE FRAME WENT PUBLIC ON MAY 30


AsiaInfo Services
06-04-2007
Annada and Southeast Space Frame Went Public on May 30

SHENZHEN, Jun 04, 2007 (SinoCast via COMTEX) -- Anhui Annada Titanium Industry Co., Ltd. (SZSE: 002136) and Zhejiang Southeast Space Frame Co., Ltd. (SZSE: 002135) were listed on the SME (Small and Medium Enterprise) board of Shenzhen Stock Exchange on May 30, thus bringing the total number of SME board-traded companies to 136.

Annada placed 16 million shares in the public tranche at CNY 8.08 apiece, with price/earnings ratio of 2993. Its capital stock is 78.92 million shares. Annada mainly produce and sell serial titanium dioxide and related chemical products such as ...

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