TruScreen to raise up to $4 mln to fund Chinese expansion

Tue, 19 May 2015

By Paul McBeth May 20 (BusinessDesk) - NZAX-listed TruScreen will seek to raise up to $4 million to ramp up manufacturing of its single use sensors as it targets China with its cervical cancer screen system having recently won regulatory approval to service the world's most populous nation. The Auckland-based company wants to raise between $3 million and $4 million through a private placement to institutions and eligible shareholders and a share purchase plan to existing investors, and will go on a roadshow in New Zealand and Australia ov...

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