Printer Friendly
The Free Library
14,678,741 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

China: Trony Solar files for IPO of up to $200 mln.


Byline: sanjayV03

Chinese thin film solar company Trony Solar plans to raise up to $200 million in an initial public offering, the company said in a regulatory filing on Friday, a move that could add to the crowded ranks of solar companies on major U.S. stock exchanges.

The company has applied to list its American Depositary Shares on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol "TRO TRO - tail recursion optimisation ," according to the filing with the U.S. Securities and Exchange Commission.

The underwriters for the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  include J.P. Morgan Securities Inc, Credit Suisse Securities, Oppenheimer & Co Inc and CLSA CLSA Canon Law Society of America
CLSA California Land Surveyors Association
CLSA Contact Lens Society of America
CLSA Credit Lyonnaise Securities
CLSA Canadian Laboratory Suppliers Association
CLSA Cornell Law Student Association
 Asia-Pacific Markets, the company said in the filing.

In October, STR STR
abbr.
synchronous transmitter receiver
 Holdings Inc set terms for what is likely to become the first U.S.-listed IPO offering by a solar company in more than a year.

Trony Solar said in the filing that it had an annual manufacturing capacity of 115 megawatts at the end of August.

The company, established in 1993, started making thin film batteries in 1995. In 2006, the company started making solar panels for off-grid systems on a commercial scale.

Copyright : Euclid Infotech Pvt. Ltd.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:TendersInfo
Date:Nov 2, 2009
Words:197
Previous Article:China : Myanmar s Neighbors Advance Pipeline Project.
Next Article:China : Hebei Steel exports dive by 83pct in 9 months.
Topics:



Related Articles
china - China regulator approves China South Locomotive, Everbright Securities IPOs.
United Kingdom: China regulator approves China South Locomotive, Everbright Securities IPOs.
China - China South Locomotive Shanghai IPO retail subscriptions on Aug 5.
China : China's Zhongguo Pengjie Fabrics to raise 18.1 mln sgd in Singapore IPO.
United States: Jiangsu Shunda, a maker of solar components, plans to raise $1B from IPO.
Let's make a deal: GT Solar wins new pact with Chinese firm.(contract between LDK Solar Ltd and GT Solar )(Brief article)
China : China Hydroelectric eyes $200 mln HK IPO.
China : China Solar Power plans IPO for 2010.
China : China Solar Power plans IPO in 2010.
United States: Trony Solar s IPO filing could bring in $200M.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles