UK IPO News

RPT-China's First Tractor prices Shanghai IPO

Thu, 26th Jul 2012 01:54

HONG KONG, July 26 (Reuters) - First Tractor Co Ltd , China's biggest agricultural machinery p

roducer, said on Thursday it would issue Shanghai A- shares at the offer price of 5.40 yuan per share, although it did not say how many shares.

First Tractor said earlier this month that it aims to issue up to 150 million shares, aiming to raise 1.15 billion yuan for new projects and technical upgrading.

For a statement, please click http://www.hkexnews.hk/listedco/listconews/sehk/2012/0726/LTN20120726014.pdf

(Reporting by Twinnie Siu; Editing by Eric Meijer) Keywords: CHINA FIRSTTRACTOR/PRICING

(twinnie.siu@thomsonreuters.com)(852-2841 5763)(Reuters Messaging: twinnie.siu.thomsonreuters.com@reuters.net)

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