[ET Net News Agency, 15 January 2018] ZACD Group (08313) said its retail offering was
over-subscribed by about 6.79 times and the international placing was slightly
over-subscribed.
The offer price has been determined at HK$0.32 per share, near the upper end of the
indicative price range of HK$0.26 to HK$0.33. The estimated net proceeds amount to about
HK$125.2 million.
Dealings in shares of ZACD Group are expected to commence tomorrow morning, with a board
lot size of 10,000 shares each.
ZACD Group is an asset manager headquartered in Singapore offering integrated solutions
across the real estate value chain in Singapore and elsewhere in the Asia-Pacific region.
(HL)