[ET Net News Agency, 2 December 2016] Shanghai Dazhong Public Utilities (DZUG) (01635)
said its retail offering was over-subscribed by about 0.96 time and the international
offering was slightly over-subscribed.
The offer price has been determined at HK$3.6 per share, near the lower end of the
indicative price range of HK$3.35 to HK$4.25. The estimated net proceeds amount to about
HK$1,444.5 million.
Dealings in shares of DZUG are expected to commence on 5 December, with a board lot size
of 1,000 shares each.
Shanghai Dazhong Public Utilities Group is a leading public utility service provider in
Shanghai, include piped gas supply, wastewater treatment and public infrastructure
projects. The Group has been listed on the Shanghai Stock Exchange since 1993 (stock code:
600635). (HL)