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Shengli

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Shengli

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Thursday, 12/23/2010 9:08:38 AM

Thursday, December 23, 2010 9:08:38 AM

Post# of 94785
China-based IT education provider BJB Career Education withdraws IPO
12/22/10

BJB Career Education, one of the largest vocational IT education providers in China, withdrew its plans for an initial public offering on Wednesday citing unfavorable general market conditions. The Beijing-based company was founded in 2006 and booked $80 mil in sales for the 12 months ended June 30, 2009. Credit Suisse, Goldman Sachs (Asia) L.L.C. and William Blair were set to be the lead underwriters on the deal.
View IPO Profile: BJB
Source: www.RenaissanceCapital.com
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