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2026-06-29 09:32:39 BASICSEMI (09971.HK), a China-based silicon carbide power device integrated equipment manufacturer, announced details of its Hong Kong IPO. The company plans to offer a total of 27.3862 million H shares globally, with approximately 5% allocated to the Hong Kong public offering and about 95% to the international placing. The offer price range is between HKD27.49 and HKD31.62 per share. With a board lot size of 200 shares, the entry fee is approximately HKD6,387.78. The offer period runs from today (June 29) to Friday (July 3). The shares are expected to be listed next Wednesday (July 8). Based on the mid-point offer price of HKD29.56, the net proceeds are estimated to be approximately HKD712.5 million. ~ AASTOCKS Financial News Website: www.aastocks.com | |