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BRIEF-Chongqing Construction Engineering Plans Share Private Placement

· 02/05/2021 04:36
BRIEF-Chongqing Construction Engineering Plans Share Private Placement

- Chongqing Construction Engineering Group Co Ltd 600939.SS:

  • SAYS IT AIMS TO RAISE UP TO 2.1 BILLION YUAN ($324.60 million) IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS, BOOST CAPITAL AND REPAY DEBTS

  • SAYS IT SETS OPERATING INCOME TARGET AT 60 BILLION YUAN FOR 2021

Source text in Chinese: https://bit.ly/3cJI35G ; https://bit.ly/3oLk6NS

Further company coverage: 600939.SS


($1 = 6.4695 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))