Chinese real estate corporation Syswin Inc. plans an initial communal contribution next week valued at a likely $111 million to $135 million.
The Beijing-based company plans to sell 9.6 million American Depositary Shares, or ADS, while shareholders are offering to sell one more 2.4 million ADS, according to a filing Thursday with the Securities and Exchange payment.
Joint, the 12 million ADS will be offered at a price flanked by $9.25 and $11.25 each, according to the filing.
Each ADS represents four regular shares.
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