New Stock Announcement | Rongli Construction (09639) Public Offering at the Maximum Price Limit, Oversubscribed 120.6 Times

Rongli Construction (09639) announced the results of the distribution, with a total of 250 million shares of stocks being globally offered, with 50% through public offering and 50% through placement. The final offering price is HK$0.73 per share, raising approximately 149.7 million Hong Kong dollars through the global offering. Trading of the shares, in lots of 5000 shares each, is expected to begin on Wednesday, October 9, 2024 at 9:00 am (Hong Kong time) on the Stock Exchange. The public offering received 120.6 times oversubscription, while the placement received 1.14 times oversubscription.