Jun 07, 2020 05:55 PM (GMT+8) · EqualOcean
FD Zhangjiang (01349:HK), which finally received a listing pass on STAR board after a suspension of deliberations, will usher in the day of IPO application. According to the arrangement, on June 8, the company will carry out the subscription, in which offline investors will accumulate according to the issue of price. The online investors will apply for the purchase by bidding and inquiry according to the upper limit of the price range. It is worth mentioning that FD Zhangjiang is the first case of using cumulative bid inquiry on STAR Board. According to the data, FD Zhangjiang will issue 120 million shares, the initial strategic placement of 25 million shares, the final number of online offerings and the final number of offline issues will be determined based on callbacks.

This text is a result of machine translation.

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