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<IPO>ZHIHUI MINING IPO Starts Tdy w/ ZHAOJIN MINING Among Cornerstone Investors
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ZHIHUI MINING (02546.HK) has announced details of its IPO in Hong Kong. It plans to offer nearly 122 million H-shares globally, with the Hong Kong public offering accounting for about 10% (12.196 million shares) and the international offering for about 90% (nearly 110 million shares). The offer price ranges from HKD4.1 to HKD4.51 per share, aiming to raise up to around HKD550 million. The entry fee for a board lot of 1000 shares will be around HKD4,555.48. The IPO period starts today (11th) and ends at noon next Tuesday (16th), with the anticipated listing on next Friday (19th). This IPO has introduced ZHAOJIN MINING (01818.HK)'s subsidiary, Sparky International, as well as GIGA Industries and Poly Platinum Enterprises Limited under Greater Bay Area Homeland Investments as its cornerstone investors, which collectively subscribed for shares worth around HKD224 million. AAStocks Financial News |
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