[ET Net News Agency, 8 May 2018] JLogo Holdings (08527) said its retail offering has
been over-subscribed by about 9.8 times and the placing has been moderately
over-subscribed.
The offer price has been determined at HK$0.5 per share, the lower end of the indicative
price range of HK$0.5 to HK$0.6. The estimated net proceeds amount to about HK$23.7
million.
Dealings in shares of JLogo Holdings are expected to commence tomorrow, with a board lot
size of 5,000 shares each.
JLogo Holdings is a food and beverage group that owns and operates award-winning
restaurants in Singapore under different brands and owns one of the largest artisanal
bakery chains in Malaysia in terms of revenue and the number of bakery retail outlets in
Malaysia in 2016. (HL)
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IPO News
08/05/2018 10:47
JLogo Holdings (08527) retail IPO 9.8x over-subscribed