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Casablanca Group Ltd Announces Offer Price Of Global Offering


Wednesday, 21 Nov 2012 05:05pm EST 

Casablanca Group Ltd announced that the offer price of its global offering has been determined at HKD1.50 per offer share (exclusive of brokerage of 1.0%, SFC transaction levy of 0.003% and Stock Exchange trading fee of 0.005%). Based on the Offer Price of HKD1.50 per offer share, the net proceeds from the global offering to be received by the Company, after deduction of the underwriting fees and commissions and estimated expenses payable by the Company in connection with the global offering, is estimated to be approximately HKD47.5 million. The Company intends to apply such net proceeds in accordance with the purposes set out in the section headed 'Future Plans and Use of Proceeds' in the Prospectus. 

Company Quote

1.48
-0.01 -0.67%
3:55am EDT