New Share Announcement | Guanglian Technology Holdings (02531) Priced at HK$4.7 per share, Public Offering Oversubscribed by 2.49 Times

Guanglian Technology Holdings (02531) announced the results of its distribution. The company globally issued 63.6 million shares, with 10% for public offering in Hong Kong and 90% for international offering. The final offering price is HK$4.7 per share, with a net proceeds of approximately HK$230 million from global offering. Each board lot consists of 500 shares, and the shares are expected to commence trading on the Hong Kong Stock Exchange on Monday, July 15, 2024, at 9:00 a.m. The public offering in Hong Kong was oversubscribed by 2.49 times, while the international offering was oversubscribed by 1.06 times.