FWD Group (01828) sold shares at a price of HK$38 per share, with oversubscription of 37.13 times in public offering.

date
04/07/2025
avatar
GMT Eight
The Wharf Group (01828) announced the distribution results, with a total of 91,342,100 shares issued globally, of which the shares offered to the public in Hong Kong...
Fortune Group (01828) announces the distribution results, with a total of 91.3421 million shares being offered globally. The public offering in Hong Kong accounts for 30%, while the international offering accounts for 70%. The offering price per share is HK$38, with a net fundraising of approximately HK$2.9534 billion from the global offering. Each board lot consists of 100 shares, and trading is expected to commence on the Stock Exchange on Monday, July 7, 2025, at 9:00 am. The public offering in Hong Kong was oversubscribed by 37.13 times, while the international offering was oversubscribed by 2.32 times.