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Hiteker to Raise RMB 1.41 Bln in Private Stock Offering

China Securities Journal, 9/25/09

Jiangsu-based consumer electronics manufacturer Hiteker (600122.SH) announced in a filing today that the company plans to issue a non-public stock offering of no more than 125 mln shares of stock to no more than ten investors, at a price of no lower than RMB 11.56 per share, in order to raise up to RMB 1.41 bln in capital. Read More

Hisap Achieves Backdoor Listing

China Business News, 1/16/09

IT products retailer Hisap Corporation has achieved a back-door listing through sale of its shares to Shanghai-listed consumer electronics manufacturer Jiangsu Hongtu High Technology (Hiteker) (600122.SH). Read More