China Ceramics Prices IPO at $7.75 a Share

Jinjiang, China, Nov. 22, 2010 -- China Ceramics Co. said it has priced shares of its public offering of 3,350,000 shares at $7.75 per share, which should raise $26 million.

The company said the proceeds of the initial offering will be used to purchase additional equipment for its Hengda facility and to expand its Hengdali facility.