Futu news on December 16th, Thursday $DESUN SERVICES (02270.HK)$ Announcement: The company issued 0.15 billion shares, priced at HK$1.11 per share, with a trading unit of 2000 shares, expected to be listed on December 17th.
During the public offering phase, German investment service received approximately 1.37 times subscription. The final number of shares allocated to the public offering is 15 million shares, accounting for 10% of the total shares offered (before any exercise of oversubscription rights). A total of 2517 valid applications were received, with a 70.01% allotment rate and subscription of 2 lots for 1 successful application.
In addition, the international offering was slightly oversubscribed, with the final number of shares offered at 0.135 billion shares, equivalent to 90% of the total shares offered (before any exercise of oversubscription rights). Futu news has compiled the relevant data as shown in the table below:
Net income of approximately 0.128 billion Hong Kong dollars will be used for the following purposes: about 60% will be used for strategic investments and acquisitions to expand property management and commercial operation businesses; about 20% will be used for investment in information technology systems and human resources supporting technical systems; about 10% will be used for recruiting and nurturing talents; about 10% will be used for operating funds and general company expenses.
German Commercial Investment Services is an integrated property management service and commercial operation service provider. In 2020, based on revenue generated in Chengdu, among all companies providing property management and commercial operation services in Chengdu city, the company ranked...