IAG Holdings (08513) said its retail offering was over-subscribed by about 17.47 times and the placing was slightly over-subscribed.
The offer price has been determined at HK$0.65 per share, the medium level of the indicative price range of HK$0.6 to HK$0.7. The estimated net proceeds amount to about HK$40 million.
Dealings in shares of IAG Holdings are expected to commence tomorrow morning, with a board lot size of 4,000 shares each.
IAG Holdings is a contract manufacturer based in Singapore that specialises in the manufacture and sale of injection molded plastic parts for disposable medical devices and the provision of tooling services.
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