FLAT GLASS(06865.HK) IPO Priced at $2.1

FLAT GLASS(06865.HK), the largest manufacturer of photovoltaic glass in Mainland China, announced allotment results. The initial public offering was priced at $2.1 per share, lower limit of the IPO range of $2.1-$2.68. Net proceeds amounted to $880 million. The shares will be listed on the Main Board from tomorrow (26 November).

The company received 1,098 valid application in Hong Kong, involving aggregate 28.163 million shares, which were underscribed. The one-lot success rate was 100%.
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