Futu News, July 14th, announced that on Thursday this week... $BOARDWARE INTEL (01204.HK)$Announcement: the company issues 0.125 billion shares priced at HK$1.08 per share, with a minimum trading unit of 2000 shares, expected to be listed on July 15th.
During the public offering stage, Bowi Wisdom received 10.69 times oversubscription, and the final number of shares allocated to the public offering was 12.5 million shares, accounting for approximately 10% of the total shares offered (before any exercise of oversubscription rights). A total of 6721 valid applications were received, with a pro-rata allocation rate of 30.01%, with one hand in stable subscription for every 20 hands.
In addition, the international offering has been oversubscribed, and the final number of shares offered is approximately 0.1125 billion shares, equivalent to approximately 90% of the total shares offered (before any exercise of oversubscription rights). Futu News has compiled the relevant data in the following table:
In terms of fundraising purposes, the company will net approximately HKD 0.094 billion from the global offering for the following purposes: 30.4% for the preliminary costs (excluding employee costs) of two enterprise IT solution projects; approximately 43.8% for capturing business opportunities in the Greater Bay Area; approximately 15.8% for enhancing the company's product development capabilities; approximately 10.0% for working capital and general corporate purposes.
The company is headquartered in Macau, China and is a leading company in the Macau market for IT solutions. In addition, the company is engaged in the distribution and resale of hardware and software.
The company's customer portfolio includes telecommunications, media, and technology...