EF Properties (01354.HK) announced the results of its stock offering. The Hong Kong public offering has received 118.87 times oversubscription, with a 3.79% allotment rate for 300 shares; Subscribers of 30,000 shares are stable recipients. According to the clawback mechanism, the number of publicly offered shares has increased to 3.0021 million shares, accounting for 18.01% of the total sales. The final offering price is 7.5 yuan, the lower limit pricing, and the net fund raising is 90.47 million yuan. The shares are expected to be listed on Wednesday (3rd).
Shaanxi state-owned comprehensive urban services and property management provider, EF Property, has offered 16.6668 million shares for this sale, originally accounting for 10% of public offering. The offering price ranges from 7.5 to 9.3 yuan. The exclusive sponsor is Guoyin International.