RIDGE OUTDOOR (02720) Public Offering Oversubscribed by 3654 Times, Sets Final Price at HK$12.25 Per Share

Stock News02-09

RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$12.25 per share. The net proceeds from the global offering are approximately HK$285 million. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, February 10, 2026. The public offering was oversubscribed by approximately 3654.23 times, while the international offering was oversubscribed by about 2.94 times.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1101978848?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-09 21:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101978848","market":"sh","top_or_hot":-1,"title":"RIDGE OUTDOOR (02720) Public Offering Oversubscribed by 3654 Times, Sets Final Price at HK$12.25 Per Share","media":"Stock News","content":"<p>RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$12.25 per share. The net proceeds from the global offering are approximately HK$285 million. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, February 10, 2026. The public offering was oversubscribed by approximately 3654.23 times, while the international offering was oversubscribed by about 2.94 times.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RIDGE OUTDOOR (02720) Public Offering Oversubscribed by 3654 Times, Sets Final Price at HK$12.25 Per Share</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRIDGE OUTDOOR (02720) Public Offering Oversubscribed by 3654 Times, Sets Final Price at HK$12.25 Per Share\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-09 21:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$12.25 per share. The net proceeds from the global offering are approximately HK$285 million. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, February 10, 2026. The public offering was oversubscribed by approximately 3654.23 times, while the international offering was oversubscribed by about 2.94 times.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02720","symbol_name":"乐欣户外","start_time":0,"source_url":"","article_id":"1101978848","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101978848","pubTimestamp":1770643510,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02720":"乐欣户外"},"translate_title":"瑞奇户外(02720)公开发售获3654倍超额认购定下最终价每股12.25港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02720":1},"content_text":"RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$12.25 per share. The net proceeds from the global offering are approximately HK$285 million. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, February 10, 2026. The public offering was oversubscribed by approximately 3654.23 times, while the international offering was oversubscribed by about 2.94 times.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1101978848","isCrawlerRequest":true}