Shenzhen-based property developer Excellence Real Estate plans to raise up to HK$7.8 billion from an initial public offering in Hong Kong, sources reported.According to insiders familiar with the situation, the company expects to issue 3 billion shares, or 25% of firm's enlarged share capital, at a price ranging from...
Shenzhen-based Excellence Real Estate Group Ltd will shelve its Hong Kong listing plan due to the weak investor demand, sources reported. The property developer said in a filing with the Hong Kong Stock Exchange that it would not proceed with the initial public offering in view of the current market conditions for...
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HONG KONG, Oct 28 - Chinese property developer Excellence Real Estate <1028.HK> said it had decided not to proceed with a global offering in Hong Kong under the original timetable due to market conditions, but...
* Excellence to offer 3 bln share at HK$2.10-HK$2.60 * Offering represents 25 pct of enlarged share capital HONG KONG, Oct 16 - Chinese property developer Excellence Real Estate Group Ltd plans to raise up...