(02530) Priced at HK$0.8 per share, Hong Kong public offering is oversubscribed by 65.17 times.
Newman (02530) announced the distribution results, with the company globally issuing 250 million H shares, of which the Hong Kong public offering accounted for 4...
(02530) Announces the distribution results, with the company issuing a total of 250 million H shares worldwide, 40% of which are publicly sold in Hong Kong and 60% internationally. The final sale price is 0.8 Hong Kong dollars per share, raising a net total of 121 million Hong Kong dollars globally. Each lot consists of 8,000 shares, and it is expected that the H shares will start trading on the Stock Exchange on Friday, January 10, 2025 at 9:00 am (Hong Kong time).
The Hong Kong public sale received 65.17 times oversubscription, while the international sale received 1.03 times oversubscription.
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