Russian Shoe Maker Centrobuv Plans To Raise HK $800 Million In The Fourth Quarter.
Market information means Russian footwear products retail group Centrobuv It will be listed as soon as possible in the fourth quarter of this year, raising about $800 million (about HK $6 billion 240 million). The company has recruited BOC International and Morgan Stanley. Renaissance Capital and VTB Capital Responsible for arranging listing matters; and other market information. Kampuchea rubber company Swift Resources It also plans to list in Hong Kong and raise 1 billion 560 million yuan.
According to the twenty-first Century "economic report" citing sources close to XinDa assets, China Cinda Asset Management Corp will complete the introduction of strategic investors before the end of 2011, and is expected to start the whole listing process of H-shares in the first half of next year. Reported that XinDa's net profit jumped from 1 billion 200 million yuan in 2008 to 4 billion 367 million yuan in 2009. The industry estimates that its net profit in 2010 will not be less than 6 billion yuan.
In addition, Focus Media (8112), an advertising media company, was listed yesterday in the form of a placement. It received 0.75 yuan a day, up 4.17% from the selling price of 0.72 yuan, and traded 15 million 264 thousand shares, involving 11 million 690 thousand yuan.
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