AUX ELECTRIC (02580): The public offering in Hong Kong received 557.2 times oversubscription. The offer price was 17.42 Hong Kong dollars per share.

date
01/09/2025
avatar
GMT Eight
Oaks Electric (02580) announced that the company has globally issued approximately 238 million shares, with public sales in Hong Kong accounting for 3%.
AUX ELECTRIC (02580) Announcement: The company will globally sell approximately 238 million shares, with 35% allocated for public sale in Hong Kong and 65% for international sale. The selling price per share is HK$17.42, with a net fundraising of approximately HK$3.994 billion. The shares are expected to begin trading on the Stock Exchange of Hong Kong on September 2, 2025 (Tuesday) at 9:00 am Hong Kong time. Each lot of shares will consist of 200 shares, and the stock code will be 2580. The public sale in Hong Kong received 557.2 times oversubscription, while the international sale received 8.3 times oversubscription.