Brief: China Tianbao Group Development Says Prospectus Over-Allotment Option Partially Exercised

China Tianbao Development

04/12/2019 14:45

Dec 4 (Reuters) - China Tianbao Group Development Co Ltd
 1427.HK :
    * OVER-ALLOTMENT OPTION IN PROSPECTUS PARTIALLY EXERCISE IN
RESPECT OF AGGREGATE OF ABOUT 9.5 MILLION OFFER SHARES
    * OVER-ALLOTMENT SHARES WILL BE ALLOTTED AND ISSUED BY CO AT
HK$2.50 PER SHARE
    * PORTION OF OVER-ALLOTMENT OPTION WHICH HAS NOT BEEN
EXERCISED
LAPSED ON DEC 4, 2019
    * APPROVAL FOR LISTING, PERMISSION TO DEAL IN OVER-ALLOTMENT
SHARES BEEN GRANTED BY LISTING COMMITTEE OF STOCK EXCHANGE
    * ADDITIONAL NET PROCEEDS OF ABOUT HK$23.5 MILLION TO BE
RECEIVED
BY CO FROM ISSUE OF OVER-ALLOTMENT SHARES

Source text for Eikon:  ID:nHKS9ZJdJq 
Further company coverage:  1427.HK 

 ((Reuters.Briefs@thomsonreuters.com;))