Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
MINIMAX-W Opens 5% Higher, Proposes Issuing RMB Shares to Assess STAR Market Listing
Recommend 18 Positive 34 Negative 19 |
||||
|
||||
|
MINIMAX-W (00100.HK) initiated an A-share IPO plan, and its shares opened 5.24% higher this morning (1st), reaching an intraday peak of HKD907.5. The stock last reported at HKD858, up 2.14%, with a turnover of 430,100 shares, involving HKD376 million. MINIMAX-W announced that it has resolved to explore the preliminary proposal for the Proposed Issue of RMB Shares, which may involve (i) the entering into of agreements with professional advisors, and (ii) consultation and negotiation with relevant securities or other regulatory authorities. The Proposed Issue of RMB Shares, if proceeded, shall be conditional upon and subject to, among other things, market conditions and the necessary Regulatory Approval(s). After the successful listing of the Company on the Hong Kong Stock Exchange, the Company is assessing the capital markets continuously, including an assessment for listing on the STAR Market. The Company has engaged professional advisors to provide counselling on the Company’s compliance with the conditions of the listing on the STAR Market and entered into a tutoring agreement. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
