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2 years ago
BRIEF-Huafon Microfibre Shanghai to raise up to 1.5 bln yuan in private placement
May 28, 2015 / 9:41 AM / 2 years ago

BRIEF-Huafon Microfibre Shanghai to raise up to 1.5 bln yuan in private placement

May 28 (Reuters) - Huafon Microfibre Shanghai Co Ltd

* Says plans to raise up to 1.5 billion yuan ($241.93 million) in share private placement for capacity expansion

* Says its shares to resume trade on May 29

Source text in Chinese: bit.ly/1KAywd3; bit.ly/1Rq2FNb

Further company coverage: ($1 = 6.2002 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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