Asia
Shenzhen Weiguang Biological Products Seeks 1.50 Billion Yuan from Private Placement
Shenzhen Weiguang Biological Products (SHE:002880) plans to raise up to 1.50 billion yuan from a private issuance, according to a Wednesday disclosure to the Shenzhen bourse.The biological products company is looking to issue up to 45.4 million shares to 35 investors in a private placement.Proceeds will be used to fund primarily the Weiguang Bio-Intelligent Industrial Base Project, set to achieve a working capacity of 1,200 tons of plasma..
SHE:002880
