Newman (02530) announced the allocation results, with the company globally offering 0.25 billion Listed in Hong Kong shares, accounting for 4% of the public offering in Hong Kong...
According to the Zhichun Financial APP, Newman (02530) announced the allocation results. The company offered 0.25 billion shares of Listed in Hong Kong globally, with 40% for the Hong Kong public offering and 60% for the international offering. The final offer price was HKD 0.8 per share, raising a net of HKD 0.121 billion through the global offering. Each lot consists of 8,000 shares, and it is expected that the Listed in Hong Kong shares will commence trading on the Stock Exchange at 9:00 AM (Hong Kong time) on January 10, 2025 (Friday).
The Hong Kong public offering was oversubscribed by 65.17 times, while the international offering was oversubscribed by 1.03 times.