BYD raises USD 5.59 billion through share placement, Partners with Al-Futtaim Group for expansion

On March 4, BYD announced that it had entered into a placing agreement to issue shares, with placing agents helping find investors to purchase the shares. The shares will be issued under the General Mandate. 
If all the shares are placed, BYD expects to raise approximately HKD 43,509 million (USD 5.59 billion), which....

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