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US investment banking specialist Roth Capital Partners will co-manage the offering of 6,455,918 shares of Duoyuan Printing priced at USD8.50 (EUR5.72) apiece.
Trade in the company's shares will start on 6 November and is expected to close on 12 November.
The Chinese firm hopes to raise USD42.3m in IPO proceeds which it will use to build a cold-set corrugated paper machines making unit, to upgrade existing facilities and for general corporate purposes.
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