date:Jan 20, 2014
Foshan Haitian Flavouring and Food, a Chinese seasonings producer, plans to price a CNY1.86bn ($308m) initial public offering (IPO) on 22 January to fund the expansion of soy sauce production capabilities.
The company said that it will start selling up to 10% of its capital or 79 million shares to investors and will go public as soon as possible following the share sale.
Foshan Haitian will take orders from investors between 23 and 24 January, reported The Wall Street Journal.
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