Friday, January 21, 2011

Dukang

Dukang: Lifts trading halt this morning. Co has obtained approval to list 130m TDRs on TSE by Taiwan authorities. Pricing is yet to be concluded, subject to discussions with the underwriter and mkt demand. TDR listing of 130m comprises of 65m new shares and 65m vendor shares. Co is a China-based distiller, producing baijiu or Chinese wine for consumption in the Chinese market.

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