Successful Listing of Separable Bond and Warrant of Sinochem International
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Mary [2011-05-20]
On Dec. 18, a grand ceremony was held at Shanghai Stock Exchange for the listing of separable bond and warrant of Sinochem International.
Luo Dongjiang, Chairman of Board of Sinochem International, attended the ceremony with his team. Zhou Qingye, Deputy General Manager of Shanghai Stock Exchange, Ted Tokuchi, Director & General Manager of CITIC Securities, Lu Boqing, General Manager of Deloitte Touche Tohmatsu CPA Ltd., Qing Yueming, Administrative Partner of Links Law Office, attended the ceremony upon invitation as honorable guests.
Chairman Luo Dongjiang signed the listing agreement on behalf of the company, and beat opening gongs for the listing of two new trading items with Wang Wei, Independent Director. After the opening, warrant of Sinochem International (code 580011) reached all the way up to the raising limit of 2.42 yuan. Company bond (code 126002) closed at 81.52 yuan. The investors who have participated in the subscription have made an earning as high as of 17.8% based on the closing price with inclusive calculation for the particular day. Thus, the refinancing of Sinochem International has completed successfully.