Health Road (02587) will be offering shares for public subscription from December 18, 2024, to December 23, 2024, intending to globally issue 25 million shares, with 10% for public offering in Hong Kong and 90% for international offering. The offer price is between HKD 7.80 and HKD 8.80 per share, with a minimum of 500 shares per lot, and the shares are expected to be listed on December 30, 2024.
The company has entered into a cornerstone investment agreement with the Hengqin Guangdong-Macao Deep Cooperation Zone Industrial Investment Fund (Limited Partnership) (Hengqin Industrial Investment Fund), under which Hengqin Industrial Investment Fund has agreed, subject to certain conditions, to subscribe for or to procure its designated entities to subscribe for a certain number of offering shares, which can be purchased at the offer price, for a total amount of RMB 95 million.