NVC Lighting Successful Listing on the Main Board of the SEHK
Press conference
Chairman, CEO and Executive Director of NVC Lighting, Mr.Wu Changjiang in opening address
Mr. Wu Changjiang presents the souvenir to the SEHK
May 20, 2010, shares in NVC Lighting opened at 2.1 HK dollars (26.9 US cents) on its debut at the Hong Kong Stock Exchange, the same as its price of the initial public offering.
NVC Lighting, one of the Chinese mainland's leading suppliers of lighting products, said May 19, 2010, that its IPO price was determined at HK$2.1 per share and the net proceed of its IPO was about HK$1.37 billion.
In a statement filed to the Hong Kong Stock Exchange, NVC Lighting said its shares in public tranche were almost 39 times oversubscribed and the final number of new shares for global offering was 218.26 million; while shares for the international placing amounted to 509.28 million.
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