[ET Net News Agency, 18 April 2017] China New Higher Education (02001) said its retail
offering was over-subscribed by about 0.97 times and the international placing was
moderately over-subscribed.
The offer price has been determined at HK$2.78 per share, near the lower end of the
indicative price range of HK$2.56 to HK$3.22. The estimated net proceeds amount to about
HK$743 million.
Dealings in shares of New Higher Education are expected to commence tomorrow morning,
with a board lot size of 1,000 shares each.
China New Higher Education is a private formal higher education group in China. It
provides high quality higher education in a wide selection of fields in applied sciences.
(HL)
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IPO News
18/04/2017 11:05
New Higher Edu (02001) retail IPO 0.97x over-subscribed