Lates News

On the morning of August 25, Ox Electrical announced on the Hong Kong Stock Exchange that the company plans to globally issue approximately 207 million shares, including 10.3582 million shares for sale in Hong Kong and approximately 197 million shares for international sales, with an additional 15% of oversubscription rights. The offer price will not exceed HK$17.42 per share. It is expected that the shares will begin trading on the Hong Kong Stock Exchange on September 2, 2025. Assuming an offer price of HK$16.71 per share and the adjustment rights and oversubscription rights are not exercised, the company estimates that the net proceeds from the global offering will be approximately HK$32.874 billion.