DRex to Raise USD8.7 million for Subsidiary Reconstruction

On 2 December, the dairy farming company Henan DRex Food Co., Ltd. (DRex) announced a share issue at <=RMB13.71/share to raise <= USD8.7 million (RMB60 million). This sum is to be used for reconstructing its subsidiary Puyang Huangbu Milk Co., Ltd. (...

Dairy Products China News 201612

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