Wuhan Organic (02881.HK), a new stock, received a 337 times oversubscription rate in its public offering, with a 5% allotment rate for first-hand subscription.

AASTOCKS · Jun 18 01:18

Wuhan Organic (02881.HK) announced the results of its IPO. The public offering received 337.57 times oversubscription. The allotment rate of one lot (500 shares) was 5.01%. Those who subscribed for 300 lots (150,000 shares) could get one lot. According to the call-back mechanism, the number of shares offered for public sale has increased to 3.253 million shares, accounting for 17.78% of the total offering. The final offering price is 5.5 yuan, which is the lower limit, and the net proceeds raised is 25.85 million yuan. The shares are expected to be listed on Tuesday (18th).

Toluene derivative supplier Wuhan Organic globally sold 18.3 million shares. The Hong Kong public offering accounted for 10% and the IPO price ranged from 5.5 to 8.5 yuan. Exclusive sponsor is BOCOM International.

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《新股》武漢有機(02881.HK)公開發售獲337倍認購 一手中籤率5%

Wuhan Organic (02881.HK), a new stock, received a 337 times oversubscription rate in its public offering, with a 5% allotment rate for first-hand subscription.

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《新股》武漢有機(02881.HK)公開發售獲337倍認購一手中籤率5%