As the National Social Security Fund used its right to sell shares corresponding to 10% of the new H-share issue, the total deal size offered to investors by sole bookrunner CLSA overnight on Wednesday October 26 was HK$960.96 million $123.5 million.
Since the sale accounted for almost the entire 20% of the total outstanding share capital 18.8% to be exact that the management is allowed to sell on its own, the company will need shareholdersÆ approval for the second leg....
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