ASIA

Dalian port to issue A-shares

Dalian Port is to complete its A-share listing by the second quarter of 2010.

Capital expenditure in 2010 is slated to be $439.6m, which is 50% more than 2009. The new listing will involve 1.2bn shares, worth $477m. Money raised will repay bank loans, be used for working capital and invested in terminal operations.

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