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Company

Blue Sail raises RMB1.837 bln to purchase Biosensors International Group

September 05, 2018


Abstract : Blue Sail announced on late Tuesday that it had issued 98.871 million shares to raise a total of 1.837 billion yuan at 18.58 yuan per share.

BEIJING, Sept.5 (Xinhua) -- Blue Sail announced on late Tuesday that it had issued 98.871 million shares to raise a total of 1.837 billion yuan at 18.58 yuan per share.

According to a company filing, the raised capitals would be used for purchasing the multinational equipment company Biosensors International Group in Singapore.

In the first half year, Blue Sail achieved net profit of 148 million yuan, up 42.9 percent year on year. Its operating turnover witnessed year-on-year growth of 24 percent to reach 968 million yuan during the period. (Edited by Ma Xin, maxin11@xinhua.org)

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