[ET Net News Agency, 16 January 2018] Taste Gourmet Group (08371) said its retail
offering was over-subscribed by about 11.33 times and the placing was moderately
over-subscribed.
The offer price has been determined at HK$0.92 per share, near the lower end of the
indicative price range of HK$0.86 to HK$1.09. The estimated net proceeds amount to about
HK$68.3 million.
Dealings in shares of Taste Gourmet are expected to commence tomorrow morning, with a
board lot size of 4,000 shares each.
Taste Gourmet Group is a restaurant group in Hong Kong serving a variety of cuisines,
mainly Vietnamese, Japanese, Chinese and Western cuisines targeting mid-to-high-end
customer segments. (HL)