No Data
No Data
MGM Group (09879.HK) partially exercises over-allotment rights, price stabilization actions, and end of the price stabilization period
Gelonghui, April 17, 丨 Migao Group (09879.HK) announced that on April 17, 2024, the over-allotment rights stated in the prospectus were partially exercised by GF Securities (Hong Kong) Brokerage Limited (for itself and on behalf of the international underwriter), involving a total of 8,940,000 shares, which is equivalent to approximately 3.97% of the total number of shares initially available for subscription and sale under the global offering before the over-allotment rights were exercised. Over-allotment of shares will be charged by the company at HK$4.08 per share (excluding 1% brokerage commission, 0.0027% SFC transaction levy, 0.00565% SEHK transaction fee and 0.
Hong Kong Shares Rise on US Central Bank's Dovish Signals; Pop Mart Surges 16% on Upbeat 2023 Earnings
Hong Kong shares finished higher on Thursday as sentiment was boosted by news that the US Federal Reserve could make three cuts to interest rates this year after deciding to hold rates steady at its m
Migao Group Shares Open 9.6% Higher on Hong Kong Debut
Migao Group Shares Open 9.6% Higher on Hong Kong Debut
First day of IPO| MGM Group opened up 10.78% on the first day, with a total market capitalization of over HK$4 billion
In Futu's undermarket trading on the previous trading day, Migao Group closed up 17.89% to HK$4.81, with a turnover of HK$2,505,700, with a total market value of HK$4.329 billion; 1,000 shares per lot, without handling fees, earned HK$730 per lot.
Migao Group Sets IPO Price at HK$4.08/Share
Migao Group Sets IPO Price at HK$4.08/Share
IPO Announcement | MGM Group (09879)'s public offering with a price of HK$4.08 per share was subscribed 9.79 times
According to the Zhitong Finance App, Migao Group (09879) announced the allotment results. The company sold 225 million shares globally, the Hong Kong public sale accounted for 9.09%, and the international sale accounted for 90.91%. The final sale price was HK$4.08 per share, with a net raise of approximately HK$863 million from the global sale. Each lot is 1,000 shares, and it is expected that trading of shares will begin at 9:00 a.m. on March 21, 2024 (Thursday) on the Stock Exchange. Among them, the public sale received 9.79 times the subscription, and the international sale received 1.28 times the subscription.
No Data