China’s Ming Yang Smart Energy plans $550 million GDR offering on LSE
LONDON, UK: Ming Yang Smart Energy Group Limited, a leading wind turbine manufacturer in China, announced its intention to proceed with an offering of Global Depositary Receipts (GDRs) with each GDR representing 5 A shares of the Company, each with a fully paid nominal value of RMB1.00 each. The Offering is expected to raise approximately…