[ET Net News Agency, 22 November 2017] Trio Industrial Electronics (01710) said its
retail offering was over-subscribed by about 591.97 times and the international placing
was moderately over-subscribed.
The offer price has been determined at HK$0.62 per share, near the medium of the
indicative price range of HK$0.52 to HK$0.72. The estimated net proceeds amount to about
HK$109.2 million.
Dealings in shares of Trio Industrial Electronics are expected to commence tomorrow
morning, with a board lot size of 4,000 shares each.
Trio Industrial Electronics is an EMS provider specialising in the manufacturing and
sales of customised industrial electronic components and products, with headquarters in
Hong Kong and production facilities in Nansha District, Guangzhou City, Guangdong
Province, the PRC. (HL)
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IPO News
22/11/2017 11:11
Trio Ind Elec (01710) retail IPO 592x over-subscribed