NCC Financial PR Limited
BGMC International Limited: Successfully Completed the Offering With Overwhelming Response in Global Offering, Priced at HK$0.7 per Share
BGMC International Limited Successfully Completed the Offering With Overwhelming Response The Group offered 450,000,000 Shares under the Global Offering, of which 315,000,000 for International Placing, and 135,000,000 Shares for the Hong Kong Public Offering. Based on the Offer Price of HK$0.7 per share, the net proceeds from the Global Offering to be received by the Company after deducting underwriting fees and estimated expenses in connection with the Global Offering, is estimated to be approximately HK$265.2 million. The Group intends to use such net proceeds as follows: (1) financing the start-up, operation and implementation costs for the prospective construction projects (approximately 65.0% of the total estimated net proceeds); (2) financing the acquisition of additional machinery and equipment to lower construction costs in the long-term (approximately 25.0% of the total estimated net proceeds); (3) working capital and other general corporate purposes (approximately 10.0% of the total estimated net proceeds). Fortune Financial Capital Limited is the Sole Sponsor on this IPO, while Fortune (HK) Securities Limited is the Sole Global Coordinator. The Joint Bookrunners and Joint Lead Managers are China Everbright Securities (HK) Limited, Fortune (HK) Securities Limited and Head & Shoulders Securities Limited respectively. -End- Document: http://n.eqs.com/c/fncls.ssp?u=UQJJEOKIAP Document title: BGMC International Limited: Successfully Completed the Offering With Overwhelming Response in Global Offering, Priced at HK$0.7 per Share
08/08/2017 Dissemination of a Financial Press Release, transmitted by EQS Group. |