Rept Battero Energy (HKG:0666) agreed to subscribe for 1.5 million shares in Zhejiang E-P Equipment (SHA:603194) during its initial public offering of A shares in a strategic placement for about 30 million yuan at 20.32 yuan apiece, a Tuesday Hong Kong bourse filing said.
The to-be-subscribed shares represent 0.37% of the enlarged total issued shares of Zhejiang E-P Equipment, and the shares issued by Zhejiang E-P Equipment under its A-share IPO will be listed on the Shanghai Stock Exchange.
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.