Thu, September 2, 2010
Wed, September 1, 2010
[ Wed, Sep 01st 2010 ] - Market Wire
Ford e-News - Sept. 1, 2010
Tue, August 31, 2010
Mon, August 30, 2010
Sun, August 29, 2010
Fri, August 27, 2010
Thu, August 26, 2010
Wed, August 25, 2010
Tue, August 24, 2010
Mon, August 23, 2010
Fri, August 20, 2010
Thu, August 19, 2010
Wed, August 18, 2010
Tue, August 17, 2010
Mon, August 16, 2010
Fri, August 13, 2010
Thu, August 12, 2010
Wed, August 11, 2010
[ Wed, Aug 11th 2010 ] - Market Wire
Ford E-News - Aug. 11, 2010
Tue, August 10, 2010
Mon, August 9, 2010
Fri, August 6, 2010
[ Fri, Aug 06th 2010 ] - Market Wire
Ford, Paccar and Toyota
Thu, August 5, 2010
Wed, August 4, 2010

China Kanghui Holdings Announces Pricing of Initial Public Offering


//stocks-investing.news-articles.net/content/201 .. nnounces-pricing-of-initial-public-offering.html
Published in Stocks and Investing on Tuesday, August 10th 2010 at 16:56 GMT by Market Wire   Print publication without navigation


CHANGZHOU, China--([ BUSINESS WIRE ])--China Kanghui Holdings (NYSE: KH) (aKanghuia or the aCompanya), a leading domestic developer, manufacturer and marketer of orthopedic implants in China, today announced that its initial public offering of 6,675,000 American Depositary Shares (aADSsa), representing 40,050,000 ordinary shares, was priced at $10.25 per ADS. The Company is offering 5,340,000 ADSs, and the selling shareholders are offering 1,335,000 ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on August 11, 2010 under the symbol aKH.a

The Company has granted the underwriters a 30-day option to purchase up to 1,001,250 additional ADSs.

The Company intends to use the net proceeds for the development of its product pipeline, expansion of its manufacturing capacities, enhancement of its sales and marketing capabilities as well as general corporate purposes.

Morgan Stanleyand Piper Jaffray are acting as the joint book running managers of the offering. Cowen and Company and Canaccord Genuity are acting as co-managers.

Kanghuia™s registration statement relating to these securities was declared effective on August 10, 2010 by the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

A copy of the prospectus related to the offering may be obtained by contacting Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York, 10014, telephone: 1 (866) 718-1649, or by e-mailing [ prospectus@morganstanley.com ] or by contacting Piper Jaffray & Co., Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, Minnesota 55402, telephone: 1 (612) 303-8290 or by email: [ prospectus@pjc.com ].

About China Kanghui Holdings

Founded in 1997, Kanghui is a leading domestic developer, manufacturer and marketer of orthopedic implants in China. The Company offers a wide array of proprietary orthopedic implant products in trauma and spine. It has an extensive network of distributors for its products in China. In addition, Kanghuia™s products are distributed in 24 countries. Kanghui has strong research and development capabilities, focused on developing new proprietary products, including new product lines, extensions of existing product lines and enhancements of existing products. For more information, please visit [ www.kanghui.com ].


Publication Contributing Sources