Thursday, 29 January 2015
Last updated 7 hours ago
Dec 14 2009 | 9:54am ET
The Chinese amorphous silicon solar panel maker Trony Solar has postponed its IPO. The company had planned to go public last week.
Analysts say the Shenzhen-based company, which has posted increased revenue and profits compared to 2008, has likely postponed its initial public offering due to concerns about future profit growth.
Trony had planned to offer up to 15 million American depositary shares, plus another 2.9 million shares to its underwriters, according to its filing with the U.S. Securities and Exchange Commission. Trony’s shareholders planned to offer 4.5 million shares.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…