Asia
Shanghai Bairun Investment Seeks Up to 1.3 Billion Yuan in Share Placement
Shanghai Bairun Investment Holding Group (SHE:002568) is looking to raise up to 1.31 billion yuan from the sale of up to 312.5 million shares to 35 investors via a private placement, according to a Thursday filing with the Shenzhen bourse.The company plans to use the proceeds for a malt whisky cask aging capacity expansion project and for its R&D testing center.
SHE:002568
