JCET Group (SSE: 600584), a global provider of integrated circuit (IC) manufacturing and technology services, recently announced that the company successfully completed a capital raising of approximately RMB 5 billion. The RMB 5 billion private placement successfully raised in the first round included top overseas institutional buyers with more than half of the amount from Abu Dhabi Investment Authority, JP Morgan Chase Bank, GF Asset Management, and Loyal Valley Capital. This diversified investor structure is a reflection of the markets recognition of JCET’s world class operations and management efforts to fortify its leading position in the industry.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the