BEFAR GROUP(06745.HK): Grey Market Falls 17.82% to HK$2.86
The IPO subscription period ran from 30 June to 7 July. The final offer price was fixed at HK$3.48 per share. Under the global offering, approximately 352 million H-shares will be offered, with each trading lot consisting of 1,000 shares and an entry cost of HK$3,626.21. The gross fundraising size is roughly HK$1.102 billion.
Founded in 1968, Befar Group is an integrated chemical conglomerate with over 50 years of experience in the chemical industry.
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