China: Jianghuai Auto aims to raise Yuan 2.8bn

According to a Reuters report, Chinese OEM Anhui Jianghuai Automobile plans to raise a maximum of Yuan 2.8bn (US$426m) through the issue of new shares. The company is reported to have said it will issue 150 million new shares to the open market and that it plans to use the Subscribe to Automotive World to … Continued

• By Webmaster
• March 18, 2011