The new price range of HK$12 to HK$13.50 will allow the company to raise up to HK$11.6 billion $1.49 billion pre-greenshoe, and possibly as much as $1.7 billion if the greenshoe is also exercised in full. The company initially offered the shares in a range between HK$10 and HK$12.
Sources say the deal was covered within minutes of the books being opened on October 15, which has brought back memories of...
¬ Haymarket Media Limited. All rights reserved.
