Shenzhen Woer Heat-Shrinkable Material (HKG:9981, SHE:002130) set the offer price for its Hong Kong initial public offering at HK$20.09 per share, according to a Wednesday Hong Kong bourse filing.
The China-based cable and power transmission components maker expects to announce subscription results and the basis of allocation for the Hong Kong public offering on Thursday.
Trading of the Hong Kong-listed shares is expected to begin on Friday, with board lots of 200 shares.
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