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Express News | Citi Appointed as Depositary Bank for Super Hi International Holding Limited Adr Program
Tehai International issues 403,900 American Depositary Shares due to underwriter's exercise of over-allotment rights
Tehai International (09658) announced that the underwriter's exercise of the over-allotment right and related over-allotment rights will be settled on May 28, 2024 (US Eastern Time). The Company issued 403,900 American Depositary Shares (equivalent to 4,039,000 related shares according to the representative ratio) at an offering price of US$19.56 per American Depositary Share (equivalent to HK$15.28 per share of relevant shares), accounting for approximately 0.62% of the common shares already issued following the delivery of the relevant over-allotment rights.
Super Hi International Expands Capital via ADSs
Tehai International (09658.HK) exercises over-allotment rights in connection with the sale of American Depositary Shares
Gelonghui, May 28, 丨 Tehai International (09658.HK) announced that the board of directors is pleased to announce that the underwriter's exercise of the over-allotment right and related over-allotment rights will be settled on May 28, 2024 (US Eastern Time). The Company issued 403,900 American Depositary Shares (equivalent to 4,039,000 related shares, according to the representative ratio) at an offering price of US$19.56 per American Depositary Share (equivalent to HK$15.28 per share), accounting for approximately 0.62% of the common shares already issued following the delivery of the relevant over-allotment rights.
Haidilao Zhang Yong and his wife won their fourth IPO
Author | Editor Cao Anxun | Zhou Zhiyu, founder of Haidilao Zhang Yong and his wife, won their fourth IPO to push for TEHAI to achieve a dual listing on the NASDAQ. On May 24, EST, TEHAI experienced its second strong rise since listing. The stock price rose 5.59%, and the market value reached 1.27 billion US dollars. Previously, Haidilao, Yihai International, and Tehai International were listed in Hong Kong. As the main operator of Haidilao's overseas business, Tehai International is carrying the expectations of Haidilao to accelerate its overseas expansion and expansion. Of the 57 million US dollars raised by TEHAI this time, about 70% will be used
Changes in Hong Kong stocks | Tehai International (09658) rose nearly 6% at the end of the session. The company is already listed on NASDAQ and says it should enjoy a higher valuation
The Zhitong Finance App learned that Tehai International (09658) rose nearly 6% at the end of the session. As of press release, it had risen 5.14% to HK$15.96, with a turnover of HK$10,96.86 million.
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