SinoTech Energy Ltd. - 2010-11-09


Closed its initial public offering of approximately 19.74 million American Depositary Shares (ADSs), each representing two ordinary shares of SinoTech, at the public offering price of US$8.50 per ADS. The ADSs began trading on the Nasdaq Global Select Market on Nov. 3 as CTE. UBS AG was the sole global coordinator and book runner, and Citigroup Global Markets Inc. and Lazard Capital Markets LLC were co-managers.

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