Tianyue Advance (02631.HK): Oversubscribed rights issue has been fully subscribed; stabilization period ends.
The WiseFinance APP reports that Tianyue Advance (02631.HK) announced that the oversubscribed rights to additional shares as stated in the prospectus have all been exercised by the sponsor and overall coordinator (on behalf of itself and the international underwriters) on September 14, 2025 (Sunday), involving a total of 7.1618 million H shares, accounting for approximately 15.0% of the total number of shares available for subscription under the global offering before the exercise of the oversubscribed rights. The additional shares will be distributed and issued by the company at a price of HK$42.80 per H share. The additional shares will be used to expedite the delivery of a portion of the H shares to subscribers who have agreed to delay the delivery of their subscribed H shares under the global offering.
Latest
5 m ago