Beijing Sanyuan Dairy announces fundraising scheme
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Beijing Sanyuan Dairy announces fundraising scheme

Posted by | March 13, 2014 |

Chinese dairy firm Beijing Sanyuan Foods Co.,Ltd announced a private placement plan to raise CNY 4 billion ($645 million), the company said in a filing to the Shanghai Stock Exchange on Monday. The company will issue no more than 613 million shares at a price of CNY 6.53 per share to key strategic investors including Beijing Capital Agribusiness Group and two Shanghai-based investment management firms.  However, Some industry expert analyzed that  part of the capital may used for mergers and acquisition.

Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email