Apple supplier Luxshare Precision Industry seeks to raise up to HK$24.27 billion ($3.10 billion) in a Hong Kong share sale, an exchange filing showed on Tuesday.
The Shenzhen-listed electronics maker is set to offer 383.5 million H shares at a maximum offer price of HK$63.28 apiece.
Luxshare expects to unveil its final offer price and the level of interest in the offering on July 8, with trading set to commence the following day.
The company had earlier announced it had received confirmation from the country’s securities regulator for a planned Hong Kong listing of up to 441 million shares.
Reuters had reported on the plan earlier this month.
($1 = 7.8410 Hong Kong dollars)
Reuters
