February 13, 2018 / 4:01 AM / 10 months ago

BRIEF-Xiwang Foodstuffs raises 1.67 bln yuan via private placement

Feb 13(Reuters) - Xiwang Foodstuffs Co Ltd

* Says co issues 96.2 million shares at 17.36 yuan per share and raises 1.67 billion yuan in total via private placement

* Says co’s top shareholder’s stake in the co is diluted to 29.7 percent from 36 percent

Source text in Chinese: goo.gl/FZPLBC

Further company coverage: (Beijing Headline News)

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