HONG KONG, April 20 (Reuters) - Shandong Weigao Group Medical Polymer sold US$52.3 million of new shares at a 5 percent discount to the stock's last closing price, according to a term sheet.
The company sold 30 million new shares at HK$13.62 each in a deal handled by JPMorgan.
Shares in the company last closed at HK$14.34. |