Everbright gets approval
By Maggie Zhang |
March 15, 2011, Tuesday
|
Print Edition
Print Edition
SHAREHOLDERS of China Everbright Bank approved the bank's plan to sell up to 10.5 billion H-shares with an over-allotment of up to 1.5 billion shares, the Beijing-based lender said in a filing to the Shanghai Stock Exchange yesterday.
The bank could raise 46 billion yuan (US$7 billion) through the offer in Hong Kong.
The bank could raise 46 billion yuan (US$7 billion) through the offer in Hong Kong.
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