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<IPO>Eternal Beauty IPO to Start Tmr, Entry Fee HKD3,414.09

Eternal Beauty (06883.HK) announced the details of its IPO. It proposes to offer around 333 milli...

Eternal Beauty (06883.HK) announced the details of its IPO. It proposes to offer around 333 million shares globally, with international offering accounting for 90% and Hong Kong public offering accounting for 10%. The offer price ranges from HKD2.8 to HKD3.38, and the entry fee for a board lot of 1,000 shares will be HKD3,414.09. The shares are expected to be listed on the Hong Kong Stock Exchange on Thursday (26th).

Assuming the median price of HKD3.09, the group expects to raise net proceeds of around HKD950 million.
(HK stocks quote is delayed for at least 15 mins.)

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