CTS International Logistics Corporation Limited announced that it has received CNY 1.199999991 billion in funding from Xinglu Yiyou Information Technology Co., Ltd, Caitong Fund Management Co., Ltd., SWS MU Fund Management Co., Ltd., GF Securities Asset Management Co.,Ltd., Bosera Asset Management Co., Ltd., UBS SDIC Fund Management Co. Ltd.
July 12, 2016
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On July 12, 2016, CTS International Logistics Corporation Limited (SHSE:603128) closed the transaction. The company amended the terms of the transaction and now issued 124,610,591 shares at an issue price of CNY 9.63 per share for a total gross proceeds of CNY 1,199,999,991.33 in the transaction. The company received net proceeds of CNY 1,160,714,701.30 in the transaction. The transaction included participation from Xinglu Yiyou Information Technology (Beijing) Co., Ltd for CNY 360,000,004.14, Caitong Fund Management Co., Ltd. for CNY 245,000,017.53, SWS Mu Fund Management Co., Ltd. for CNY 239,999,996.34, GF Securities Asset Management Co.,Ltd. for CNY 129,999,992.40, Bosera Asset Management Co., Ltd. for CNY 124,999,990.47 and UBS SDIC Fund Management Co., Ltd. for CNY 99,999,990.45. Ernst & Young Certified Public Accountants (Special General Partnership) issued verification report no. 60468585_B03 [2016].
CTS International Logistics Corporation Limited is a China-based company, principally engaged in the provision cross-border integrated logistics services and supply chain trading services. The Company's cross-border integrated logistics services mainly include international air transport, international shipping, international project logistics, warehousing and third-party logistics services, and specialty logistics services. The Company conducts its businesses in China, Hongkong, America and Singapore.
CTS International Logistics Corporation Limited announced that it has received CNY 1.199999991 billion in funding from Xinglu Yiyou Information Technology Co., Ltd, Caitong Fund Management Co., Ltd., SWS MU Fund Management Co., Ltd., GF Securities Asset Management Co.,Ltd., Bosera Asset Management Co., Ltd., UBS SDIC Fund Management Co. Ltd.