APT Electronics (HKG:2551) raised HK$82.3 million in net proceeds from its initial public offering ahead of its Hong Kong bourse trading debut on Friday.
The electrical products firm offered 38,640,000 shares at HK$3.61 apiece, according to an after market filing on Thursday.
The deal's Hong Kong or public offering portion was 5,677.83x oversubscribed, prompting the company to issue 19.3 million shares, following the reallocation of shares from the international offering and after the exercise of the offer size adjustment option.
The international or placing shares were 6.95x oversubscribed, and the firm issued 19.3 million shares.
APT Electronics will start trading on the Hong Kong bourse today, Nov. 8.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。