Wednesday, October 20, 2010

Anchun IPO Results Going Steady

Recently Anchun International Holdings (Anchun) declared an IPO initial public offering of 130m shares at $0.28 each in Singapore Exchange which parts around 25 per cent of the company's share capital.

The company said from the ipo, $3 million will be used in research and technology development and another $1.4 million will be on working capital.

Anchun has shown a 143% growth from Financial Year 2008 to FY 09 with broader worth contracts with more than 300 customers in China as its Lusong plant inauguration increased the capacity.

The last three FY shows around Read more...

tags: Anchun International Holdings, Anchun ipo, anchun initial public offering, anchun ipo news, anchun ipo updates, anchun ipo latest, anchun ipo results, anchun ipo review, anchun ipo factsheet

No comments: