[ET Net News Agency, 15 January 2018] Thing On Enterprise (02292) said its retail
offering was over-subscribed by about 23.55 times and the international offering was
moderately over-subscribed.
The offer price has been determined at HK$1.24 per share, the upper end of the
indicative price range of HK$1 to HK$1.24. The estimated net proceeds amount to about
HK$194 million.
Dealings in shares of Thing On Enterprise are expected to commence tomorrow morning,
with a board lot size of 2,000 shares each.
Thing On Enterprise engages in property investment in Hong Kong with a principal focus
in office, retail and industrial properties leasing and in the property management
business. Its investment property portfolio covers Grade A office space in core business
areas, retail shops in prime urban areas, and industrial building units in a developed
urban area. (HL)
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IPO News
15/01/2018 11:11
Thing On Ent (02292) retail IPO 23.55x over-subscribed