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Sinochem International Successfully Listed Separately Traded Corporate Bond and Warrant

Date:2006-12-25 Source:Sinochem Group


On Dec.18th, Sinochem International held a ceremony commemorating its successful listing of the company’s corporate bond and warrant. Luo Dongjiang, Chairman of the Board for Sinochem International attended the ceremony. Representatives from Shanghai Stock Exchange, CITIC Securities, Deloitte etc. were also present at the ceremony.

Mr. Luo Dongjiang represented Sinochem International signing the listing agreement. When trading started, the warrant (code: 580011) got its raising limit to reach RMB2.42 and its corporate bond (code: 126002) had its closing price in RMB 81.52 at that day. The subscribers could have 17.8% of return on that single day. The refinancing work of Sinochem International has come to a big success.