[ET Net News Agency, 15 January 2018] Zhenro Properties (06158) said its retail
offering was over-subscribed by about 0.79 times and the international offering was
moderately over-subscribed.
The offer price has been determined at HK$3.99 per share, near the upper end of the
indicative price range of HK$3.4 to HK$4.08. The estimated net proceeds amount to about
HK$3,843.5 million.
Dealings in shares of Zhenro Properties are expected to commence tomorrow morning, with
a board lot size of 1,000 shares each.
Zhenro Properties Group is a large comprehensive property developer in the PRC focusing
on the development of residential properties and the development, operation and management
of commercial and mixed-use properties. (HL)
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IPO News
15/01/2018 11:07
Zhenro Properties (6158) retail IPO slightly over-subscribed