Shanghai Anlogic Infotech Raises 1.26 Billion Yuan for Expansion, Business Support
Shanghai Anlogic Infotech (SHA:688107) raised 1.26 billion yuan through the issue of 49.5 million restricted shares at 25.49 yuan apiece.Proceeds will support the company's main business and strategic expansion, according to a Friday filing with the Shanghai bourse.Shares of the integrated circuit maker declined 1% in recent trade.