Semi-Tech (02571) priced at HKD 12.99 per share, received 2.66 times oversubscription in the Hong Kong public offering.

date
14/01/2025
avatar
GMT Eight
Saime Technology (02571) announced the results of the allocation, with a global offering of 33.3334 million H-shares, of which 10% were offered publicly in Hong Kong and 90% internationally. The final offering price was HK$12.99 per share, raising a net total of HK$359 million globally. Each board lot consists of 200 shares, and it is expected that the H-shares will commence trading on the Stock Exchange on January 15, 2025, at 9:00 am (Hong Kong time). The public offering in Hong Kong was oversubscribed by 2.66 times, while the international offering was oversubscribed by 1.06 times.

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