SHANGHAI, June 6 Chinese wind power equipment
supplier Xinjiang Goldwind Science & Technology Co Ltd
(002202.SZ) said on Sunday it planned to raise up to HK$9.09
billion ($1.17 billion) in a Hong Kong initial public offering.
Goldwind, which is already listed on the Shenzhen stock
exchange, said it was selling 395 million shares with an
indicative price range between HK$19.8 and HK$23.0 per share,
confirming information reported by Reuters last month from
sources close to the deal. [ID:nTOE64U00Q]
Goldwind said in a statement filed with the Shenzhen
exchange that it planned to set the price for the offering on
June 12, with trading due to begin on June 22.
There is a greenshoe option to increase the issue by up to
59 million additional shares.
Chinese International Capital Corp (CICC), Citigroup (C.N),
and Credit Suisse CSGN.VX are underwriting the deal, according
to the sources.
($1=7.794 Hong Kong Dollar)
(Reporting by Edmund Klamann; editing by Karen Foster)