EKH Limited (02523.HK): Decides Not to Proceed with Global Offering and Listing, to Refund Application Monies
EKH Limited (Stock Code: 2523) announced that after consulting the overall coordinators and careful consideration, the company has decided not to proceed with the global offering and listing at this time, and intends to explore potential alternatives. Accordingly, the international underwriting agreement relating to the international offering will not be entered into, and the Hong Kong underwriting agreement relating to the Hong Kong public offering will not become unconditional. The company noted that the Hong Kong offer shares were oversubscribed, and expressed its gratitude to investors who expressed interest in the company and their support during the global offering period.
Application monies for Hong Kong offer shares applied for through the White Form eIPO service (including 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% Stock Exchange trading fee and 0.00015% AFRC transaction levy) will be refunded in full without interest. For applications paid through a single bank account, refunds will be sent to the respective application payment bank accounts on 13 July 2026 (Monday) by way of White Form eIPO electronic automatic refund instructions. For applications paid through multiple bank accounts, refunds will be sent by way of refund cheques in the name of the applicant (or, in the case of joint applications, the first-named applicant) on or before 13 July 2026 (Monday) by ordinary post to the address shown in the relevant application. As at the date of this announcement, the company has not issued any share certificates for the offer shares and will not deliver any such certificates to any applicants.
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