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New Century Real Estate Investment Trust Announces Global Offering


Tuesday, 25 Jun 2013 08:10pm EDT 

New Century Real Estate Investment Trust announced that approval has been granted by the Hong Kong Stock Exchange for the listing of, and permission to deal in, the Units, comprising: (1) the Hong Kong Public Offering of initially 46,992,000 Units (subject to adjustment and reallocation); and (2) the International Offering of initially 422,922,000 Units (subject to adjustment, reallocation and the Over-allotment Option). The Offer Price will not be more than HKD4.20 and is expected to be not less than HKD3.50. Applicants for Hong Kong Public Offering Units are required to pay, on application, the maximum Offer Price of HKD4.20 per Hong Kong Public Offering Unit together with brokerage of 1.0%, Hong Kong Stock Exchange trading fee of 0.005% and SFC transaction levy of 0.003%, amounting to a total of HKD4,242.34 per board lot of 1,000 Units. It is expected that the final Offer Price, the level of indication of interest in the International Offering, the results of applications in the Hong Kong Public Offering, the basis of allocations of the Hong Kong Public Offering Units, and the final number of Hong Kong Public Offering Units, will be published on July 4, 2013 in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese). 

Company Quote

3.46
0.04 +1.17%
22 Jul 2014