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AAFN - IPO News
YITAI COAL (03948) opens at $41.9, down 2.6% from offer price
2012-07-12 09:32:58
 
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YITAI COAL (03948) opened at $41.9 on debut, down $1.1, or 2.6% from offer price $43.

YITAI COAL was over-subscribed by only 0.074 times in public offering, and untaken shares were reallocated to international placing, which accounted for 99.26% of total number of shares. The offer price was set at lower range $43. The company planned to raise a net proceed of $6.678 billion. (y)



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