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Genting Hong Kong Ltd's Jointly Controlled Entity Updates On Proposed Offering


Thursday, 17 Oct 2013 07:07am EDT 

Genting Hong Kong Ltd announced that with reference to the announcement made on October 02, 2013, in respect of the Proposed Offering. The Company has now been informed by Travellers that the offer price per common share under the Proposed Offering has been set at PHP11.28 (approximately USD0.26, for the purpose of illustration only, converted at the exchange rate of 1 USD = PHP43.29). The final offer size of the Proposed Offering shall comprise 1,573,222,300 common shares, representing the total number of Travellers’ common shares to be offered to the public on a primary basis, and an over-allotment option to be granted by Travellers in respect of up to 235,983,300 common shares. The Proposed Offering is expected to close on November 5, 2013. 

Company Quote

3.5
0.5 +16.67%
3:52am EDT