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TCL Applies for Additional Share Issuance

 

June 10, 2008  From www.chinainfoworld.com

 

(June 10)--TCL Corporation (000100.SZ) plans to issue another RMB1.7bn in shares to a maximum of ten investors in a bid to raise up to RMB1.696bn in funds. More specifically, no more than RMB1.39bn will be invested in a small-to-medium and large LCD television module integrated plant. TCL has already submitted its application to the China Securities Regulatory Commission and is now awaiting approval.

 

(Editor: Haijing Qu)