Chinese printed circuit board maker plans to sell up to 10 per cent of its existing share capital
The company, one of mainland China’s largest printed circuit board manufacturers, said it would sell stock in Hong Kong that would represent no more than 10 per cent of its existing share capital, according to a filing with the Shenzhen Stock Exchange on Wednesday.
Underwriters would be granted the option to issue additional shares in Hong Kong by exercising an overallotment option. The company will allocate a portion of the offering to local retail investors, while the remainder will be available to an international cohort.
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