[ET Net News Agency, 15 January 2018] Everbright Grand China Assets (03699) said its
retail offering was over-subscribed by about 30.4 times and the international placing was
moderately over-subscribed.
The offer price has been determined at HK$1.41 per share, near the upper end of the
indicative price range of HK$1.3 to HK$1.49. The estimated net proceeds amount to about
HK$113.7 million.
Dealings in shares of Everbright Grand China Assets are expected to commence tomorrow
morning, with a board lot size of 2,000 shares each.
Everbright Grand China Assets owns, leases and manages properties located in Chengdu,
Sichuan province, and also owns and leases a property located in Kunming, Yunnan province.
(HL)
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IPO News
15/01/2018 10:59
EB Grand China (03699) retail IPO 30.4x over-subscribed