B&K Corporation (HKG:2396) said the stabilization period for its initial public offering ended on Jan. 16, with no price-stabilizing actions taken and the overallotment option lapsing, according to a Sunday Hong Kong bourse filing.
The company said there was no over-allocation under the international offering, and the stabilizing manager did not conduct any stabilization transactions during the period.
B&K added that it continues to meet Hong Kong listing rules on public float, with at least 25% of its issued H shares held by the public.
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