STAR SPORTS MED (01609) Sees 7,823.13 Times Oversubscription in Hong Kong Public Offering, Raises Approximately HK$758.4 Million Net Globally
Stock News
May 04
STAR SPORTS MED (01609) has announced its allotment results. The company globally offered 8.4219 million H shares, with the Hong Kong public offering comprising 10% and the international offering comprising 90% of the total. The final offer price was set at HK$98.5 per share, resulting in net proceeds of approximately HK$758.4 million from the global offering. Each board lot consists of 50 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, May 5, 2026. The Hong Kong public offering was oversubscribed by approximately 7,823.13 times, while the international offering was oversubscribed by approximately 10.41 times.
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