Gelonghui, April 15, 丨 Green Economy (01315.HK) announced that all the conditions set out in the stock offering regulations have been fulfilled, and the share offering has been unconditional since April 9, 2024.
At 4:00 p.m. on April 8, 2024, in total, a total of 5 valid acceptances and applications for 171,876,373 shares were received, which is equivalent to about 76.39% of the maximum number of 224,999,972 shares offered for sale under the offer.
As a result, 53,123,599 shares of the offering have not been subscribed, which is equivalent to about 23.61% of the maximum number of 224,999,972 shares offered for sale under the offering.
The total proceeds raised from the stock offering were approximately HK$27.67 million, while the net proceeds from the stock offering were estimated to be approximately HK$25.97 million.
It is expected that the fully paid shares will be traded on the Stock Exchange at 9:00 a.m. on April 17, 2024.