New stock announcement | Taimei Medical Technology (02576) Hong Kong public offering was oversubscribed 156.33 times at the upper price limit
07/10/2024
GMT Eight
Too Beauty Medical Technology (02576) announced the results of the distribution, with a global offering of 25.779 million H shares, 12.8896 million shares publicly offered in Hong Kong, and 12.8894 million shares internationally. The final offering price is HK$13 per share, with a net proceeds of approximately HK$259.5 million from the global offering. Each board lot consists of 200 shares, and it is expected that H shares will begin trading on the Hong Kong Stock Exchange on Tuesday, October 8, 2024, at 9:00 am Hong Kong time.
The public offering in Hong Kong was oversubscribed by 156.33 times, while the international offering was oversubscribed by 2.58 times.