Sources: Comtec Solar to Raise $150m in Q4 IPO
Market sources say Comtec Solar Technology, a Shanghai-based solar silicon material manufacturer, plans to raise $100-150 million through a public offering launched in Hong Kong in the fourth quarter of 2009, reports infocastfn.com. The company will submit a listing application in August.
Comtec Solar produces 125mm and 156mm wafers and has a conversion rate of 17%.
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