Muyuan Foods Announces Partial Exercise of Over-Allotment Option and Conclusion of Price Stabilization

Stock News
Mar 05

Muyuan Foods Co., Ltd. (02714) has issued an announcement stating that the overall coordinator, acting on behalf of the international underwriters, partially exercised the over-allotment option described in the prospectus on March 5, 2026. This involved a total of 36.2717 million H shares, representing approximately 13.2% of the total number of shares initially available under the global offering before any over-allotment option was exercised. The shares related to the over-allotment option will be issued and allotted by the company at an H share price of HKD 39.00 per share. These shares will be used to facilitate the delivery of a portion of H shares to placees who agreed to postpone the delivery of their subscribed H shares under the global offering. Furthermore, the price stabilization period related to the global offering concluded on March 5, 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10