Your driving innovation (02431) is priced at HK$17 per share, with the public offering in Hong Kong oversubscribed 14.04 times.
24/12/2024
GMT Eight
Yooja Innovation (02431) announced the results of its distribution, with a global offering of 39.19 million H shares, of which 10% were offered in Hong Kong and 90% were offered internationally. The final offering price was HK$17 per share, with a net fundraising of approximately HK$606 million. Trading of H shares is expected to begin at 9:00 am on December 27, 2024 (Friday) on the Hong Kong Stock Exchange.
The Hong Kong public offering received subscriptions of 14.04 times the shares offered, while the international offering received subscriptions of 1.09 times the shares offered.