Chinese snack maker listed in HK
Date:
April 2008
Keywords (click to search): [Want Want] [beverage] [Singapore Stock Exchange]
Want Want China started its listing on the Hong Kong Stock Exchange with a US$1.05 billion global offering. This is the first sizeable listing on the Hong Kong Stock Exchange of a company that was de-listed from the Singapore Stock Exchange. The Shanghai-based Want Want China and its owners are offering 2.7 billion shares at HK$3 each. The shares sold represent 20.5% of the company’s enlarged share capital. The public offer began on March 11 and closed at noon on March 14, and the shares are scheduled to start trading in Hong Kong on March 26.
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