即市新聞

12/12/2017 10:57

Prosperous Print (08385) retail IPO 38x over-subscribed

[ET Net News Agency, 12 December 2017] Prosperous Printing Company (08385) said its
retail offering was over-subscribed by about 37.87 times and the placing was moderately
over-subscribed.
The offer price has been determined at HK$0.35 per share, the upper end of the
indicative price range of HK$0.25 to HK$0.35. The estimated net proceeds amount to about
HK$38.2 million.
Dealings in shares of Prosperous Printing are expected to commence tomorrow morning,
with a board lot size of 10,000 shares each.
Prosperous Printing is a provider of printing products to Hong Kong-based print brokers
with customers in overseas markets and to international publishers mainly located in the
U.S., U.K., Australia and Europe (excluding U.K.). Its products comprise mainly books and
other paper-related products. (HL)

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