RoboTechnik Intelligent Technology (HKG:3757, SHE:300757) set the offer price for its Hong Kong initial public offering at the maximum target of HK$436 per share, according to a bourse filing on Friday.
Based on the offer shares of 11.9 million, the semiconductor company is poised to raise HK$5.18 billion from the Hong Kong listing.
The company will announce the subscription levels and allocation results on Monday.
Trading in the H shares is scheduled to begin on Tuesday, Sept. 29.
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