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Secondary listing on HKEX is successful.
Centurion prices Hong Kong IPO shares at HK$3.18; deal 4.1 times subscribed
SINGAPORE - Dormitory developer Centurion Corp has priced its secondary-listing offer in Hong Kong at HK$3.18 per share, near the mid-point of price talk between HK$3 and HK$3.30.
The 36-million-share offering was 4.1 times subscribed, based on applications for 112.5 million public offer shares and 35.2 million placement shares, the Singapore mainboard-listed company said on Monday (Dec 11) before the market opened.
In response to demand for the public offer shares, Centurion has increased its public tranche to 10.8 million shares from six million shares, while reducing its placement tranche to 25.2 million shares from 30 million shares.
http://www.straitstimes.com/business/com...k-of-hk318
Centurion prices Hong Kong IPO shares at HK$3.18; deal 4.1 times subscribed
SINGAPORE - Dormitory developer Centurion Corp has priced its secondary-listing offer in Hong Kong at HK$3.18 per share, near the mid-point of price talk between HK$3 and HK$3.30.
The 36-million-share offering was 4.1 times subscribed, based on applications for 112.5 million public offer shares and 35.2 million placement shares, the Singapore mainboard-listed company said on Monday (Dec 11) before the market opened.
In response to demand for the public offer shares, Centurion has increased its public tranche to 10.8 million shares from six million shares, while reducing its placement tranche to 25.2 million shares from 30 million shares.
http://www.straitstimes.com/business/com...k-of-hk318