(Infocast News) TIAN TU CAPITAL (01973) announced that its IPO offer price was determined at HK$6.5 per share, at which the net proceeds from the global offering to be received by the company are estimated to be HK$1.0085 billion.
The stock had a prospective pricing range of HK$5.8-11.4 per share.
The shares for Hong Kong public offering were over-subscribed by 0.26 times, while the offer shares initially offered under the international offering were over-subscribed by 0.28 times.
With a board lot size of 400 shares, the stock is expected to begin listing tomorrow. (WL)