[ET Net News Agency, 15 October 2014] Sam Woo Construction Group (03822) said its
retail offering was over-subscribed by about 661.01 times and the placing was moderately
over-subscribed.
The final offer price has been determined at HK$1.5 per share, with estimated net
proceeds of around HK$116 million.
Dealings in shares of Sam Woo Construction are expected to commence tomorrow morning,
with board lot size of 2,000 shares each.
Sam Woo Construction Group is a contractor in the Hong Kong foundation industry. It is
principally engaged in the provision of foundation works, including the construction of
bored piles, rock socketed H-piles and excavation and lateral support works; and ancillary
services, including site investigation and removal of installed piles. (HL)
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IPO News
15/10/2014 10:44
Sam Woo Cons (3822) retail IPO substantially over-subscribed