Solarfun Power Holdings Co. Ltd., a photovoltaic cells and modules manufacturer based in Qidong, China, announced plans to sell 12 million American depositary shares – each worth five common shares in the range of $11.50-$13.50 in an initial public offering. The company’s stock ticker will be “SOLF.O”.
Goldman Sachs (Asia) and CIBC World Markets will have the option to buy 1.8 million additional ADSs from selling shareholders.
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