Jinwu Financial News | France Shares (02499) announced the prospectus results. The price per share is HK$14.28, 200 shares per lot, with a winning rate of 20% for the first lot. If you subscribe for 9 lots, you can win one lot steadily. The shares are expected to be listed on November 10.
The stock received 4,939 valid applications during the Hong Kong public offering phase, which was overbought by about 6.8 times; the international offering portion received 0.37 times.
Based on HK$1,428 per share offered, the net amount of proceeds from the global offering to be collected by the Company is estimated to be approximately HK$116 million. The company plans to use 45.0% to enhance the company's service capabilities, improve customer coverage and expand the range of on-site logistics equipment; 20.0% to expand and upgrade the company's supply chain infrastructure; 15.0% to enhance the company's technical capabilities and infrastructure; 10.0% to implement strategic mergers and acquisitions that match the company's regional layout, industry focus and business priorities; and 10.0% for the company's general working capital and general corporate purposes.