Dentons Bio-Bio received the investment fund of Jilin Province

August 31, according to Caihua News Agency, Dentons Biochemical Technology (0.285, -0.05, -14.93%, Real Market) (00809-HK) announced that it will place 3,135 million new shares of new shares and 1.09 billion yuan of convertible bonds to the independent third-party Jilin Province Modern Agricultural Industry Investment Fund, with a subscription price and conversion price of 0.23 yuan from FridayThe net proceeds amounted to about $1.8 billion and were intended to be used for business development, relocation costs and general working capitalFaF
Upon completion of the new share placement, the subscriber and its co-activists hold 49% of the company's enlarged share capital, and if the share swap is exercised, the holding will increase to about 70%Jilin Province, the fund of modern agriculture investment funds indirect wholly owned subsidiary, and its only general partner is Jilin Province Modern Agricultural Industry Fund Co., LtdJilin Province Modern Agricultural Industry Fund Co., Ltdis wholly owned by Jilin Governor Jitu Investment Co., Ltd., a limited liability company established in China (owned by The Investment Corporation and Jilin Railway Investment and Development Co., Ltd., respectively, with 91.11% and 8.89% equity)FaF
As one of the key state-owned enterprises in Jilin Province, China, it is mainly engaged in investment and development in transportation infrastructure projects, agriculture, culture and logistics, with total assets of about RMB28 billion as of December 31, 2014The company owns 71.43 percent and 28.57 percent of the interests of the State-owned Assets Supervision and Administration Commission of Jilin Provincial People's Government and Jilin Investment Group Co., Ltd(wholly owned by the Jilin Development and Reform Commission)Jilin Railway Investment and Development Co., Ltdis wholly owned by Jilin State-owned Assets Supervision and Administration CommissionFaF
August 31 news, according to Caihua News Agency reported that Dentons Biochemical Technology (0.285, -0.05, -14.93%, real-time market) (00809-HK) announced the placement of 3,135 million new shares and 1.09 billion yuan of convertible bonds to the independent third-party Jilin Province Modern Agricultural Industry Investment Fund, the subscription price and conversion price are 0.23 yuan, from Friday's closing priceThe net proceeds amounted to about $1.8 billion and were intended to be used for business development, relocation costs and general working capitalFaF
Upon completion of the new share placement, the subscriber and its co-activists hold 49% of the company's enlarged share capital, and if the share swap is exercised, the holding will increase to about 70%Jilin Province, the fund of modern agriculture investment funds indirect wholly owned subsidiary, and its only general partner is Jilin Province Modern Agricultural Industry Fund Co., LtdJilin Province Modern Agricultural Industry Fund Co., Ltdis wholly owned by Jilin Governor Jitu Investment Co., Ltd., a limited liability company established in China (owned by The Investment Corporation and Jilin Railway Investment and Development Co., Ltd., respectively, with 91.11% and 8.89% equity)FaF
As one of the key state-owned enterprises in Jilin Province, China, it is mainly engaged in investment and development in transportation infrastructure projects, agriculture, culture and logistics, with total assets of about RMB28 billion as of December 31, 2014The company owns 71.43 percent and 28.57 percent of the interests of the State-owned Assets Supervision and Administration Commission of Jilin Provincial People's Government and Jilin Investment Group Co., Ltd(wholly owned by the Jilin Development and Reform Commission)Jilin Railway Investment and Development Co., Ltdis wholly owned by Jilin State-owned Assets Supervision and Administration CommissionFaF
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