Group 1 - BBSB INTL plans to issue 125 million shares, with 12.5 million shares available for public offering and 112.5 million shares for placement, subject to reallocation and adjustment rights [1] - The subscription period is from December 31, 2025, to January 8, 2026, with the expected pricing date on January 9, 2026, and trading on the Hong Kong Stock Exchange expected to commence on January 13, 2026 [1] - The offer price per share is set between HKD 0.60 and HKD 0.70, with trading units of 4,000 shares [1] Group 2 - The company has over 16 years of experience as a civil engineering contractor in Malaysia, specializing in bridge engineering services for government or government-related large-scale transportation infrastructure projects [2] - The company strategically expanded its civil engineering services to include flood control projects, maintaining a strong reputation in the civil engineering industry [2] - The company holds the highest level contractor license (G7) from the Construction Industry Development Board of Malaysia, allowing it to undertake projects without bidding or contract value limits [2] Group 3 - As part of the placement, the company has entered into cornerstone investment agreements with two investors, agreeing to subscribe for shares at a price of HKD 700,000 each under certain conditions [3] - Assuming a midpoint offer price of HKD 0.65 per share, the total number of shares to be subscribed by cornerstone investors would be approximately 21.528 million shares [3] - The estimated total proceeds from the share issuance, assuming no adjustment rights are exercised, would be approximately HKD 81.3 million, with a net amount of about HKD 56 million expected to be used for various business strategies [3]
BBSB INTL(08610.HK)拟发售1.25亿股股份 预计2026年1月13日上市
Ge Long Hui·2025-12-31 00:29