Gree Electric Appliances to Issue 250mn Additional Shares

Jan 11, 2012 (SinoCast Daily Business Beat via COMTEX) -- Air-conditioner maker Gree Electric Appliances Inc of Zhuhai (szse:000651) announced a plan in the evening of January 10 to issue up to additional 250 million shares at CNY 17.16 per share to raise at most CNY 3.26 billion. The capital raised this time will be invested in five projects, including the proje...