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Mong Jin Garden (02585.HK) has launched its public offering. What are the highlights?
According to information from the Hong Kong Stock Exchange, Mengjinyuan (02585.HK) conducted a public offering from November 21st to November 26th, with a price range of HK$12 to HK$14.4 per share, 200 shares per board lot, and plans to be listed on November 29th. Prior to this, Mengjinyuan also updated its performance dynamics, showing a good development momentum in the first half of the year. Since submitting the prospectus to the Hong Kong Stock Exchange this year, every step of Mengjinyuan's listing has attracted investors' attention, especially as international gold prices have continued to rise this year, ushering in a new bull market trend, with industry companies' performance in the first half of this year already showing "}
Dream Golden Garden has started its Hong Kong listing and is seeking subscriptions, bringing in five cornerstone investors including tianjin Huitai Capital, with its listing scheduled for November 29.
Dream Golden Garden has started its Hong Kong listing and is seeking subscriptions, bringing in five cornerstone investors including tianjin Huitai Capital, with its listing scheduled for November 29.
Mokingran Jewellery Group Launches Up To HK$633 Million Hong Kong IPO
[New Stock IPO] Dream Golden Garden (02585) starts subscription today, with an entry fee of HKD 2,909.04.
Golden Finance News | Mengjinyuan (02585) will start its IPO today, planning to issue 43.9568 million H shares, of which 10% will be publicly offered in Hong Kong, 90% will be internationally placed, and an additional 15% will have an over-allotment option. The IPO price per share is expected to be between HK$12 and HK$14.4, with 200 shares per board lot and an entry fee of HK$2,909.04. Citic Securities is the exclusive sponsor. The shares are expected to be listed on November 28. Based on the midpoint of the issuance price at HK$13.2, the expected net proceeds will be approximately HK$0.502 billion, with about 50% of the net proceeds intended for upgrading production facilities in Weifang, Shandong to enhance the group's production.
New stock announcement | Dream Golden Garden (02585) November 21st to November 26th listing, planning to globally offer 43.9568 million H shares, introducing cornerstone investors such as Tianjin Haitai Capital.
Meng Jinyuan (02585) will hold an initial public offering from November 21, 2024, to November 26, 2024, with the company planning to globally issue 43.9568 million shares listed in hong kong. Among these, approximately 10% will be available for public offering in Hong Kong, while about 90% will be for international offering, with an additional 15% in over-allotment options. The offering price is set to be between 12 and 14.4 HKD per share. The H shares are expected to begin trading on the Stock Exchange on November 29, 2024 (Friday).
Mengjinyuan (02585.HK) is expected to be listed on November 29, introducing cornerstone investors such as Tianjin Haitai Capital.
On November 21, Gelonghui reported that Mengjinyuan (02585.HK) announced that the company plans to globally offer 43.9568 million H shares, with 4.3958 million shares available for sale in Hong Kong and 39.561 million shares for international placement, along with a 15% over-allotment option; the offering period is from November 21 to November 26, 2024, with the expected pricing date on November 27; the offer price will be between HK$12.00 and HK$14.40 per share, with a trading unit of 200 shares; citic sec is the exclusive sponsor; the shares are expected to begin trading on the Stock Exchange of Hong Kong on November 29, 2024.
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