China Cord Blood Corporation Announces Listing on NYSE and Pricing of Secondary Public Offering
19 11월 2009 - 9:26PM
PR Newswire (US)
BEIJING, Nov. 19 /PRNewswire-Asia-FirstCall/ -- China Cord Blood
Corporation (NYSE: CO; "the Company") today is pleased to announce
the successful listing of its ordinary shares on NYSE's main board
and the completion of its secondary public offering. The Company's
ordinary shares are expected to begin trading on the New York Stock
Exchange on November 19, 2009 under the ticker symbol "CO." The
secondary public offering of approximately 3.3 million ordinary
shares at US$6.05 per share generated gross proceeds of US$20
million. The proceeds will be applied as working capital and seed
capital for ongoing geographical expansion and potential
acquisitions in China and the Asia Pacific region. The Company has
granted the underwriters a 45-day over-allotment option to purchase
up to an additional 495,867 ordinary shares. "Today marks another
milestone in our corporate development history," said Ms. Ting
ZHENG, Chairperson and CEO of the Company. "We believe our New York
Stock Exchange listing is a recognition of the Company's
development over the past few years by our seasoned management
team. We also believe that the listing presents us opportunities
for our future expansion plan. We will use our best efforts to
maintain the course of our business and at the same time seize any
new opportunities in China and the Asia Pacific region as they
arise." Rodman & Renshaw, LLC, a subsidiary of Rodman &
Renshaw Capital Group, Inc. (NASDAQ:RODM), is the lead bookrunner
and Macquarie Capital is the joint co-bookrunner for the offering.
The Company's registration statement relating to these securities
was declared effective on November 18, 2009 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 relating to the offering may be obtained by visiting
EDGAR on the SEC's Web site at http://www.sec.gov/ , or through
Rodman & Renshaw LLC, Prospectus Department, 1251 Avenue of the
Americas, New York, NY, 10020, telephone: 212.356.0500 or email: ,
or through Macquarie Capitals, Prospectus Department, 125 West 55th
St, 22nd Floor, New York, NY 10019, by calling 212.231.6493, by
e-mailing . About China Cord Blood Corporation China Cord Blood
Corporation is the first and the largest cord blood banking
operator in China in terms of geographical coverage and is the only
cord blood bank operator with more than one license (i.e., Beijing
and Guangdong). Under the current PRC government regulations, only
one licensed cord blood bank operator is permitted to operate in
each licensed region and only six licenses has been issued as of
today. China Cord Blood Corporation provides cord blood collection,
laboratory testing, hematopoietic stem cell processing, and stem
cell storage services. For more information, please contact:
Investor & Media Relations: China Cord Blood Corporation Ms.
Joeling Law Tel: +852-3605-8180 Email: Integrated Corporate
Relations, Inc. In the United States: Ashley M. Ammon or Christine
Duan Tel: +1-646-277-1200 In China: Wei-Jung Yang Tel:
+86-10-6599-7968 DATASOURCE: China Cord Blood Corporation CONTACT:
Investor & Media Relations, Ms. Joeling Law of China Cord Blood
Corporation, +852-3605-8180, ; or Ashley M. Ammon or Christine Duan
(United States), +1-646-277-1200, or Wei-Jung Yang (China),
+86-10-6599-7968, all of Integrated Corporate Relations, Inc., for
China Cord Blood Corporation
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