Winha hints at a rise in Australian exports to China
Winha is a retailer and wholesaler that specializes in selling premium food products to 1.3 billion consumers in China. The company raised $8.5 million through an offer of just over 24 million shares to the public, at 35 cents per share.
Winha has 44 franchised stores, six branded retail outlets and a supermarket located in southern China, and more than 800,000 registered customers. Shares in Winha were 14 cents, or 40 per cent, higher at 49 cents at 1400 AEDT, with more than 247,000 shares changing hands.
source: au.prime7.yahoo.com