Nov. 27, 2009 (China Knowledge) - China Forestry Holdings Co Ltd, a forestry plantation operator backed by the Carlyle Group, raised HK$1.53 billion through an initial public offering in Hong Kong, sources reported.
The forestry plantation operator sold 750 million shares at HK$2.07, a price close to the higher end of the indicative price range of HK$1.6 to HK$2.1, according to the sources
.....