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Article: ANOTHER 9 CHINA FIRMS GET APPROVAL FOR GEB LISTINGS
- Article from:
- AsiaInfo Services
- Article date:
- October 9, 2009
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AsiaInfo Services
10-09-2009
Another 9 China Firms Get Approval for GEB Listings
SHENZHEN, Oct 09, 2009 (SinoCast Daily Business Beat via COMTEX) -- Another nine companies in China have gained regulatory approval to get listed on the long-awaited Growth Enterprise Board (GEB), joining 19 companies in the Nasdaq-like GEB listing spree.
The nine companies release their initial public offering (IPO) prospectuses today, saying that around 192 million shares will be floated to raise about CNY 2.15 billion in total. Huayi Brothers Media Group, a renowned media operator in the country, is about to issue 42 million shares to raise CNY 620 million.
The companies are scheduled to start pre-marketing ...