SG Micro Sets Hong Kong IPO Price at HK$85.20 Per Share

MT Newswires Live

06/24

SG Micro Corp (SHE:300661, HKG:3661) has set the offer price for its Hong Kong initial public offering at HK$85.20 per H-share.

The H-shares will trade in board lots of 100 shares each, according to a Hong Kong bourse filing on Wednesday.

The analog integrated circuit company is offering 54 million H-shares in the IPO, which could raise up to HK$4.60 billion, according to a company filing on June 17.

Trading is scheduled to begin on June 26.

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