Peixin eyes EUR 21.4m from IPO in Warsaw
September 19, 2013
Chinese machinery manufacturer Peixin wants to debut on the Warsaw Stock Exchange in October and raise EUR 21.35 million net, which will be used to finance its capex program, the company said in a press release.
Peixin will offer up to 4 million shares with the maximum price set at PLN 25, the company said in its issue prospectus.
Some 20% of shares will be go to retail investors, the rest to institutional investors in Poland, according to the prospectus.
The company expects to debut on the WSE around October 10, the document read.