Shandong Bohui to raise nearly RMB 2 billion for recycled contafnerboard expansion in Zibo

摘要

China's Shandong Bohui Paper Industry plans to raise RMB 1.99 billion ($300 million) via a private placement to fund new recycled containerboard machines with a combined capacity of 1 million tonnes/yr. The Shanghai-listed company's board of directors approved a proposal on Monday to issue up to 267,368,857 shares to no more than 10 investors.