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Strategies & Market Trends : Greater China Junior Stocks

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From: Julius Wong9/18/2009 1:10:03 PM
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Tri-Tech Holding, Inc. (TRIT)

BEIJING, Sept. 9 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding Inc. (Nasdaq: TRIT - News), a premier Chinese company that engineers, manages and monitors China's municipal sewer systems, natural waterways and resources, announced today its initial public offering (IPO) of 1,700,000 ordinary shares at $6.75 per share. Shares will begin trading tomorrow under the ticker symbol "TRIT" on the Nasdaq Capital Market. Tri-Tech Holding expects to receive net proceeds of approximately $10.18 million from the IPO and intends to use the net proceeds for working capital, product R&D, application expansion and sales and marketing.

TRIT Web site
tri-tech.cn
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