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<IPO>APT ELECTRONICS (02551.HK) Records $46.1B Margin, Oversubscribed by 3,800x+, Temporarily Becoming Most Oversubscribed IPO This Yr
Recommend 15 Positive 22 Negative 14 |
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Lighting device supplier APT ELECTRONICS (02551.HK) continued its IPO, and is reported to have recorded a provisional margin of $46.14 billion, which is equivalent to 3,802x of the oversubscribed portion of the public offering, temporarily becoming the most oversubscribed IPO for this year. APT ELECTRONICS planned to issue 33.6 million H shares, with 10% being offered publicly in Hong Kong at an offer price of $3.61 per share, raising $120 million. The entry fee for one board lot of 1,000 shares is approx. $3,646.4. In addition, its same period IPO AUGROUP (02519.HK) recorded a temporary margin subscription of only 343 million, an oversubscription of 6x. The Group issued 29.895 million H-shares at an offer price ranging from $14.56 to $15.6, raising up to $470 million. The entry fee for one board lot (300 shares) is $4,727.2. AAStocks Financial News |
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