Pan Hong: has priced the 300m offer shares in its Jiangxi-based unit Sino Harbour's IPO at HK$1.10/sh, at the bottom end of its indicative price range of HK$1.10-1.68. Trading to debut on the HKEx today.
Based on the IPO price, Pan Hong’s stake in Sino Harbour is worth S$154m vs its current mkt cap of $226m.
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