ABC to disclose prospectus AH shares will be released synchronously

Source: Internet
Author: User
Keywords AgBank
NetEase Finance June 4 News in late Friday, ABC announced the initial public offering shares (A shares) prospectus. The prospectus shows that in order to support AgBank's strategic objectives, AgBank intends to issue no more than 22,235,294,000 shares, accounting for the share of the shares and H-shares after the completion of the total share capital of not more than 7% (do not consider the bank's a-share issue and the distribution of the shares of the oversubscribed option) , if the full exercise of the bank's a-share issue and H-shares issue of the option of excess placements, not more than 25,570,588,000 shares, accounting for the share and H shares after the completion of the total share capital ratio of not more than 7.87%.  But the prospectus does not disclose the total amount of money raised, only that the total amount of money raised will be determined on the basis of actual issue shares and issue prices. The prospectus stated that the mode of distribution is to adopt the method of combining the placing of a strategic investor to a A-share, the Internet to the inquiry object and the purchase and distribution of the online funds; The object of issue is a natural person in China with a shareholder account in the Shanghai branch of China Securities Registration and Clearing limited liability company, Legal person and other institutional investors (PRC law, administrative regulations, other normative documents to be applied, and other regulatory requirements to which the issuer shall comply except); The underwriting method will take the underwriting group, which is led by the joint underwriter, to underwrite the issue of the shares by means of the remaining underwriting; Shanghai Stock Exchange to be listed  The Joint sponsoring Agency (the main underwriter) is China International Finance Limited and CITIC Securities Co., Ltd. and the co-underwriter of China Galaxy Securities Co., Ltd. and Guotai Securities Co., Ltd. The prospectus said the bank's H shares would be synchronized with the issue, with an initial release of no more than 25,411,765,000 H shares through the Hong Kong public offering and international placements.  Assuming that there is no excess placement option to exercise A shares and H shares, after the issuance of a-shares and H-shares, the share of H shares is no more than 8% of the total share capital issued by ABC, assuming the full exercise of the option of excess placements of a-shares and H-shares, after the issuance of the AgBank A and H-shares, the share of the shares of the bank In addition, the SFC announced in Friday that the SFC issued a 89th working conference on June 9 to review the initial application of the Agricultural Bank of China Limited.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.