Chalco's $1.46 bln Share Issuance Approved -Shanghai Metals Market

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Chalco's $1.46 bln Share Issuance Approved

Industry News 08:50:35AM Mar 19, 2010 Source:SMM

SHANGHAI, Mar. 19 -- The Aluminum Corporation of China Co. Ltd. (Chalco), the dual Shanghai Stock Exchange and Hong Kong Stock Exchange-listed subsidiary of China's largest aluminum and alumina producer Chinalco, announced on March 17 that it has obtained approval from the China Securities Regulatory Commission (CSRC) to issue no more than 1 billion domestic non-public shares in order to raise up to RMB 10 billion ($1.46 billion).

 

 

Key Words:  CHALCO 

Chalco's $1.46 bln Share Issuance Approved

Industry News 08:50:35AM Mar 19, 2010 Source:SMM

SHANGHAI, Mar. 19 -- The Aluminum Corporation of China Co. Ltd. (Chalco), the dual Shanghai Stock Exchange and Hong Kong Stock Exchange-listed subsidiary of China's largest aluminum and alumina producer Chinalco, announced on March 17 that it has obtained approval from the China Securities Regulatory Commission (CSRC) to issue no more than 1 billion domestic non-public shares in order to raise up to RMB 10 billion ($1.46 billion).

 

 

Key Words:  CHALCO