[ET Net News Agency, 16 December 2014] Nirvana Asia (01438) said its retail offering
was over-subscribed by about 50.67 times and the international placing was moderately
over-subscribed.
The offer price has been fixed at HK$3 per share, with estimated net proceeds of about
HK$1,908 million.
Dealings in shares of Nirvana Asia are expected to start tomorrow morning, with a board
lot size of 1,000 shares.
Nirvana Asia is the largest integrated death care service provider in Asia. It offers
integrated premium death care services through a network of 10 cemeteries, 12 columbarium
facilities and two funeral homes in Malaysia, Singapore and Indonesia. (HL)
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IPO News
16/12/2014 11:24
Nirvana Asia (01438) retail IPO 50.67x over-subscribed