Navigation Links
Concord Medical Services Holdings Limited Announces Pricing of Initial Public Offering on the New York Stock Exchange
Date:12/11/2009

BEIJING, Dec. 11 /PRNewswire-Asia-FirstCall/ -- Concord Medical Services Holdings Limited (NYSE: CCM) ("CMS" or "the Company"), operator of the largest network of radiotherapy and diagnostic imaging centers in China in terms of revenues and the total number of centers in operation in 2008, announced today that its initial public offering of 12,000,000 American Depositary Shares ("ADSs"), each representing three ordinary shares of the Company, was priced at $11.00 per ADS. Net proceeds from the sale of the ADSs are approximately $119.5 million. The ADSs are expected to begin trading on the New York Stock Exchange on December 11, 2009 under the symbol "CCM."

The Company intends to use the proceeds from the offering to expand its network of radiotherapy and diagnostic imaging centers, to develop two new specialty cancer hospitals, and for general corporate purposes.

Certain of the Company's shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 ADSs to cover over-allotments, if any.

Morgan Stanley & Co. International plc, J.P. Morgan Securities Inc. and China International Capital Corporation Hong Kong Securities Limited acted as joint bookrunners for the offering.

CMS's registration statement relating to these securities has been declared effective by the United States Securities and Exchange Commission (the "SEC"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of these securities is made only by means
'/>"/>

SOURCE Concord Medical Services Holdings Limited
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Concord Grape Juice Shown to Help Keep Hearts and Minds Healthy
2. The Concord Grape Commands Attention at Major Scientific Conference
3. Concord Coalition Report Shows Eagerness for Reform, Readiness to Make Tough Choices on Fiscal Priorities
4. United Concordia Dental Redesigns Web Site To Provide Improved Access To Information
5. Concord Coalition Leaders Send Letter to Senator Reid on Healthcare Reform Bill
6. Concord Coalition Warns That New Entitlement Is Not a Valid Health Care Reform Offset
7. United Concordia Dental Expands Benefit Options
8. Two Texas Dental Students Receive One-time Scholarships from United Concordia Dental
9. Concord Coalition Releases Issue Brief on Administrations IMAC Proposal
10. Concord Coalition Warns That Health Care Reform Efforts Must Improve Nations Financial Outlook
11. Davis Vision, United Concordia Dental and The Pittsburgh Pirates Team Up to Provide Free Dental and Vision Screenings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... The world wound care market is ... and reach USD 18.3 billion by 2019, posting a ... of such growth include governments’ contribution to the development ... and surging ageing population. However, the growth could be ... Region-wise, North America leads the global wound care market, ...
(Date:8/21/2014)... 2014 Revista, a one-stop source ... industry-focused data, is “on a roll.” Today, the ... on the Southeast, Mid-Atlantic and Midwest areas of ... first widely available, comprehensive medical property database tracking ... searchable properties, including existing and recently added, is ...
(Date:8/21/2014)... two types of polio vaccines seems to provide stronger ... eradicate polio, a new study shows. The research ... the Salk inactivated poliovirus vaccine (IPV) to those who ... vaccine (OPV) appeared to improve their immunity to the ... the Aug. 22 issue of the journal Science ...
(Date:8/21/2014)... The American College of Chest Physicians (CHEST) announces ... Ill and Injured During Pandemics and Disasters: CHEST ... of the journal CHEST while the ... Ebola virus. The consensus statement aims to guide ... research in crises. The statement was developed by ...
(Date:8/21/2014)... 2014Popular fiction that normalizes and glamorizes violence against women, ... associated with a greater risk of potentially harmful health ... study are presented in the article " Fiction or ... Adolescent and Young Adult Females ," published in ... Mary Ann Liebert, Inc., publishers . The article ...
Breaking Medicine News(10 mins):Health News:Global Wound Care Market to Post 3.2% CAGR Through 2019, Says MarketsandMarkets in Its New Report Published at MarketPublishers.com 2Health News:Global Wound Care Market to Post 3.2% CAGR Through 2019, Says MarketsandMarkets in Its New Report Published at MarketPublishers.com 3Health News:Revista Medical Property Data Now Available for the Mid-Atlantic, Southeast and Midwest Regions 2Health News:Revista Medical Property Data Now Available for the Mid-Atlantic, Southeast and Midwest Regions 3Health News:Revista Medical Property Data Now Available for the Mid-Atlantic, Southeast and Midwest Regions 4Health News:Revista Medical Property Data Now Available for the Mid-Atlantic, Southeast and Midwest Regions 5Health News:Two Polio Vaccines May Give Greater Protection Against Crippling Disease 2Health News:CHEST releases new expert guidance in care of the critically ill and injured 2Health News:Women's health and Fifty Shades: Increased risks for young adult readers? 2
... breakfast and lunch lose less weight compared to those who ... by researchers at Fred Hutchinson Cancer Research Center., The results ... a member of the Hutchinson Center,s Public Health Sciences Division ... the December issue of the Journal of the American ...
... researchers at Tel Aviv University have discovered that the two ... that movement and their survival. Fungal spores can ... travel. And while this allows them to travel further than ... TAU,s Raymond and Beverly Sackler School of Physics and Astronomy, ...
... 28 (HealthDay News) -- ,Heart function improved in obese people ... a small new study says. Researchers measured body-mass index ... fat in 15 obese people (seven men and eight women) ... started consuming a 500-calorie-per-day diet. Pericardial fat collects around ...
... a person with mild cognitive impairment is agitated or restless, ... well. According to research conducted at Virginia Tech, the more ... their loved one, the more they find themselves unable to ... This heightens the effect of elevated stress levels on their ...
... Foundation received two government grants to study the ... the rehabilitation and reintegration of people with spinal ... to Denise Fyffe, PhD, a research scientist in ... Fyffe, a clinical psychologist, is an expert in ...
... , SUNDAY, Nov. 27 (HealthDay News) -- Socializing ... people find it difficult. If you suffer anxiety or ... from Martin Antony, a psychology professor at Ryerson University in ... make eye contact. Be approachable and open to conversation. Join ...
Cached Medicine News:Health News:Mid-morning snacking may sabotage weight-loss efforts 2Health News:Mid-morning snacking may sabotage weight-loss efforts 3Health News:Fungi: Another tool in bacteria's belt? 2Health News:Low-Cal Diet Cuts Fat Around Heart in Obese People: Study 2Health News:Caregivers at risk for health problems 2Health News:Kessler Foundation receives grants to study health disparities in people with disabilities 2Health News:Surviving Holiday Parties When You Have Social Anxiety 2
(Date:8/21/2014)... , Aug. 21, 2014 Professional Compounding ... paediatric medicine by awarding the three best scientific ... initiative (EuPFI) conference . The Formulating Better ... 18 in Athens, Greece , ... students and professionals, from which three winners will ...
(Date:8/21/2014)... 2014 Asterias Biotherapeutics, Inc. (OTCBB: ASTY), a ... medicine, announced today the appointments of Andrew ("Andy") Arno ... Board of Directors. With these additions, the Asterias Board ... are independent. Andy Arno , 55, ... companies. He is currently Managing Director of Emerging Growth ...
(Date:8/20/2014)... LUTHERVILLE, Md. , Aug. 20, 2014 /PRNewswire/ ... (NADDI) today lauded the latest results achieved by ... system, known as the National Precursor Log Exchange ... law enforcement officials track down meth offenders and ... technology in Kansas blocked ...
Breaking Medicine Technology:Professional Compounding Centers of America will award top poster-session winners at European Paediatric Formulation Initiative in Athens 2Asterias Biotherapeutics Appoints Two Independent Directors and Announces Completion of Series A Common Stock Distribution 2Asterias Biotherapeutics Appoints Two Independent Directors and Announces Completion of Series A Common Stock Distribution 3Asterias Biotherapeutics Appoints Two Independent Directors and Announces Completion of Series A Common Stock Distribution 4Kansas's Stop-Sale System Achieves Significant Results In Battle Against Meth 2
... Bulb Direct has been selling ... since 1996, and we are ... satisfaction guarantee. Check out our ... see our discount light bulbs ...
... Bulb Direct has been ... Internet since 1996, and we ... 100% satisfaction guarantee. Check out ... and see our discount light ...
... Direct has been selling replacement ... 1996, and we are extremely ... guarantee. Check out our catalog ... our discount light bulbs specials. ...
... Bulb Direct has been ... Internet since 1996, and we ... 100% satisfaction guarantee. Check out ... and see our discount light ...
Medicine Products: