New York, NY (PressExposure) February 09, 2011 -- Charles Vista LLC rewrote one more success story by helping its client raise requisite funds. This successful investment banking deal was carried out by Charles Vista LLC as part of the selling group that participated in a Private Placement of $8,939,130 for China Baicaotang LTD. The Broker Dealer and Investment Banking firm was able to raise $3,444,130 of the offering which was closed on February 1st 2010.
Commenting on the occasion, Gregg Lorenzo, Founder, Charles Vista LLC said that he was proud of being associated with China Baicaotang LTD and felt overjoyed at the firm's achievement in raising the said amount. This achievement, according to Gregg Lorenzo, reflects firm's strength and commitment of Charles Vista's Investment Banking team and its ability to raise money on a retail level for great projects.
China Baicaotang (Baicaotang) is a leading company in drug distribution and retailing based in South Western China's. The company was founded in 1956 and its shares are to be publicly traded in the U.S. on the Over-the-Counter Bulletin Board. Working out of Liuzhou city, the largest industrial city of Guangxi Province, the company is ideally located in one of China's most significant medical production and distribution centers. The company boosts of over 64 retail pharmacy stores in Guangxi Province and is active in all aspects of the medical and healthcare products supply chain throughout China.