MX Group (02097): Hong Kong public offering received 5258.21 times oversubscription.

Mexan Group (02097) announced the results of the distribution. The company globally offered 17.0599 million H shares, with 50% sold publicly in Hong Kong and 50% sold internationally. The final offering price was HK$202.5 per share, raising a total of HK$3.291 billion in net proceeds from the global offering. Trading of H shares is expected to commence at 9:00 AM on March 3, 2025 (Monday) on the Hong Kong Stock Exchange. The public offering in Hong Kong was oversubscribed by 5258.21 times, while the international offering was oversubscribed by 35.23 times.