[ET Net News Agency, 15 January 2018] Space Group (02448) said its retail offering was
over-subscribed by about 15.21 times and the placing was slightly over-subscribed.
The offer price has been determined at HK$1.2 per share, the medium level of the
indicative price range of HK$1 to HK$1.4. The estimated net proceeds amount to about
HK$188.8 million.
Dealings in shares of Space Group are expected to commence tomorrow morning, with a
board lot size of 2,500 shares each.
Space Group Holdings is a Macau-based contractor providing fitting-out works; and
building construction works in Macau. It has been operating fitting-out business in Macau
since 2007 and began to provide building construction works in 2015. (HL)