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Your-Mart announces IPO subscription results

(Xinhua)
Updated: 2009-07-13 10:02

Your-Mart, a Chinese retail company, announced Sunday in a statement to Shenzhen Stock Exchange that 80,000 investors had won the rights to buy its initial public offering (IPO) shares on the primary market.

According to the company's prospectus, the retailer was to issue no more than 50 million shares to raise more than 970 million yuan ($142 million) of fund.