Monday, April 18, 2011

ForelandFabrictech

ForelandFabrictech: Co intends to seek a dual listing on KRX by way of issuance of new shares and has appointed Hana Daetoo Securities as its Bookrunner. Proposed dual listing is preliminary in nature and no application has been submitted to date. Co is 2nd China fibre co after Gaoxian to seek a dual listing, remains to be seen if KRX will approve listing or if interest in counter will be sustained.

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