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<IPO>CF PHARMTECH (02652.HK) Begins IPO Tdy w/ Entry Fee $7,449.4

CF PHARMTECH (02652.HK), a company that is focused on the R&amp;amp;D of drugs for treating respira...

CF PHARMTECH (02652.HK), a company that is focused on the R&D of drugs for treating respiratory diseases, is conducting its IPO in Hong Kong, planning to globally offer 41.198 million H-shares, with 10% (approx. 4.12 million shares) for Hong Kong public offering and 90% (approx. 37.078 million shares) for international placement.

The offer price is $14.75 per share, aiming to raise approx. $608 million. The entry fee for a board lot of 500 shares is around $7,449.38. The offering period starts today (26th), and will end at noon next Thursday (2 October), with the anticipated listing date on 8 October. CITIC Securities and CMBI are its joint sponsors.
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