Foshan Haitian Flavouring and Food (03288): The period of stable prices has ended, and some of the oversubscribed rights issue has been exercised.

16/07/2025

Haitian Flavor Industry (03288) announces that the overall coordinator (for itself and on behalf of international underwriters) has...

Foshan Haitian Flavouring and Food (03288) announced that the overall coordinator (for itself and representing international underwriters) has partially exercised the oversubscription rights as stated in the prospectus on July 16, 2025. This involves a total of 12.1927 million H shares, accounting for approximately 4.37% of the total number of shares available for subscription under the global offering (after taking into account the exercise of the overallotment option, but before any exercise of oversubscription rights). The oversubscribed shares will be issued and distributed by the company at HK$36.30 per H share. In accordance with Section 9(2) of Chapter 571W Securities and Futures (Stabilized Price) Rules of the Hong Kong law, the company announced that the stabilizing period for the global offering ended on July 16, 2025 (30 days after the deadline for submission of the Hong Kong public offering application).

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