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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • 361 Degrees International Lowers Conversion Price Of USD 150 Mn Convertible Bonds

    Prepared by ChinaScope Financial | Source:Company Disclosure

    • 361 Degrees International Ltd. (01361: HKG) announced its plan to adjust the conversion price of convertible bonds (CBs) worth USD 150 million, which are due to mature in 2017, from HKD 3.53 per share to HKD 3.4 per share, after company declaration of a final dividend. The new conversion price will be effective from April 27, 2013.

     

    • 361 Degrees specializes in the manufacture and sale of sporting goods including footwear, apparel, and accessories in China.
    Apr 24 5:20 AM | Link | Comment!
  • MEMS - MEMSIC To Be Acquired By IDG-Accel China

    Prepared by ChinaScope Financial | Source:Company Disclosure

    • On April 23, MEMSIC, Inc. (MEMS: NASDAQ), announced that it has agreed to be acquired by IDG-Accel China Capital II, L.P. (IDG) and its affiliates, for USD 4.225 per share in cash. IDG and its affiliates currently hold approximately 19.5 percent of the company's outstanding common shares. IDG and its affiliates will acquire all the outstanding common shares of the company that are not currently owned by them, for approximately USD 88.5 million.
    • The acquisition price of USD 4.225 per share was 143 percent higher than the company's closing price of USD 1.74 per share on November 20, 2012, and 56 percent higher than the closing price of USD 2.71 per share on April 22, 2013.
    • MEMSIC, Inc. provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (NASDAQ:MEMS), technology and mixed signal circuit design.
    Apr 24 5:18 AM | Link | Comment!
  • JKS - JinkoSolar Provides 804 KW Solar Panels To Rooftop PV Project In Spain

    Prepared by ChinaScope Financial | Source:Imeigu

    • JinkoSolar Holding Co., Ltd. (JKS: NYSE) announced that it has provided 804 kW of highly-efficient solar panels to a rooftop photovoltaic (PV) project of a desalination plant located in Murcia, Spain.

     

    • The desalination plant is operated by the Spanish state-owned water company Acuamed.
    Apr 24 5:16 AM | Link | Comment!
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