Chinese yacht builder conducts IPO

Author:
Publish date:
Social count:
0

Yacht manufacturer Sunbird Yacht Co. Ltd. received approval from the China Securities Regulatory Commission through an initial public offering of 22 million shares listed on the ChiNext board in Shenzhen in September.

Sunbird Yachts, which opened in 1993, has more than 900 employees and is a leader in the local market, the company said.

Click here for the full release.

Related

Sales stagnate in March

Overall boat sales in March were slightly lower compared to last year and year-over-year growth was down by just over 1 percent, according to Statistical Surveys Inc., data that was gathered for 30 states.

Catawba Island show starts today

The Lake Erie Marine Trades Association’s Progressive Catawba Island Boat Show opens a week from today and will run through April 29 with more than 100 power and sailboats on display at the Catawba Island Club on western Lake Erie.