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15/03/2018 11:17

Tongda Hong Tai (02363) retail IPO 274x over-subscribed

[ET Net News Agency, 15 March 2018] Tongda Hong Tai Holdings (02363) said its retail
offering has been over-subscribed by about 274.3 times and the placing has been moderately
over-subscribed.
The offer price has been determined at HK$2.3 per share, with estimated net proceeds of
about HK$48.5 million.
Dealings in shares of Tongda Hong Tai are expected to commence tomorrow, with a board
lot size of 2,500 shares each.
Tongda Hong Tai Holdings founded in Changshu, the PRC in 2010, is a "one-stop"
manufacturing solution provider of casings of notebook, tablet and other accessories. The
Group manufactures and sells different casings and components of notebook and tablet. The
listing constitutes a spin-off of the Group from Tongda (00698). (HL)

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