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FINWIRES

Semight Instruments to Raise 1.91 Billion Yuan From IPO

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Semight Instruments (SHA:688808) expects to raise net proceeds of up to 1.91 billion yuan from its initial public offering, according to a Monday disclosure on the Shanghai bourse.

The Chinese manufacturer of electronic measurement instruments and semiconductor test equipment will issue 25,666,667 shares for 81.88 yuan per share.

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