IN BRIEF (Page 9)
China Daily | Updated: 2010-01-30 08:11
China First offering
China First Heavy Industries Co plans to raise as much as 11.6 billion yuan in this year's biggest initial public offering in the country to expand production.
The company, a maker of equipment used in the mining and energy industries, will sell as many as 2 billion shares, or a 30.6 percent stake, at between 5 yuan and 5.8 yuan apiece, it said.
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