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Bright Dairy Increase the Net Fund-raising 1.39 Billion for the First Time

China Agriculture Report By CnAgri2012-10-09 12:27:12China Agriculture Report Print Bright Dairy (600597) today announced the announcement for non-public offering results. According to the announcement, the additional number of shares is 176 million this time, with the issue price of 8.08 Yuan/share, with a total of eight institutions participating in the subscription. After deducting issuance costs, the net fund-raising was 1.39 billion, and the raised funds would be used for investing Minhang Maqiao Bright Dairy Industrial Park construction project. This marks the first capital operation of Bright Dairy since listing is marked with the perfect ending, and the company capacity expansion officially starts.
 
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