HAITIAN FLAV: The initial price range for the H-share issuance is set at HKD 35 to HKD 36.3
HAITIAN FLAV announced that the company is conducting an H-share issuance and plans to list on the Hong Kong Stock Exchange. The global offering of H shares will have a base issuance of 263 million shares, of which 15.7943 million shares will be publicly offered in Hong Kong and 247 million shares will be offered internationally. The initial price range for the H share issuance is set at HKD 35.00 to HKD 36.30, with the public offering starting on June 11, 2025, and expected to end on June 16, 2025. The issuance price will be announced on June 18, 2025
According to the Zhitong Finance APP, HAITIAN FLAV (603288.SH) announced that the company is conducting relevant work for the issuance of H shares and listing on the main board of the Hong Kong Stock Exchange. The basic number of H shares for the global offering is 263 million shares (subject to adjustment rights and the exercise of the over-allotment option), of which the preliminary arrangement for the Hong Kong public offering is 15.7943 million shares (subject to reallocation), accounting for approximately 6.00% of the total global offering; the international offering is 247 million shares (subject to reallocation and the exercise of adjustment rights and over-allotment options), accounting for approximately 94.00% of the total global offering. The maximum number of H shares for this global offering is 321 million shares.
The price range for this H share issuance is preliminarily set at HKD 35.00 to HKD 36.30. The Hong Kong public offering of H shares is scheduled to start on June 11, 2025, and is expected to end on June 16, 2025, with the issuance price expected to be announced on June 18, 2025
