[ET Net News Agency, 19 July 2016] Prosper Construction (06816) said its retail
offering was over-subscribed by about 18.51 times and the placing was moderately
over-subscribed.
The offer price has been determined at HK$1 per share, with estimated net proceeds of
about HK$165 million.
Dealings in shares of Prosper Construction are expected to commence tomorrow morning,
with a board lot size of 2,000 shares each.
Prosper Construction provides marine construction services to both the private and
public sectors, with projects in Hong Kong, Macao and Southeast Asia. The Group has mainly
been acting as a subcontractor. (HL)