China Ruifeng has raised funds through similar means over the past 14 months, securing HK$35.1m ($4.5m) in November 2009 and HK$139.5m in April last year.
China Ruifeng issues bonds to buy farms
Hong Kong-listed China Ruifeng Galaxy Renewable Energy is issuing $18.58m of convertible bonds to capital markets services firm Advance Gain Enterprises.
6 January 2011 23:00 GMT
Updated
25 November 2012 15:18 GMT
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