GRG Banking listed on China's Shenzhen exchange

August 19, 2007

TMCnet:GRG Banking Equipment Co. Ltd., China's largest domestic ATM manufacturer, gained approval from the China Securities Regulatory Commission to go public on the Shenzhen Stock Exchange on Aug. 13. The company says it plans to raise about CNY 400 million (U.S. $52.7 million) through the issuance of 36 million shares in the initial public offering.Read more