[ET Net News Agency, 07 October 2022] GC CONSTRUCTION (01489) will be listed next
Monday (10th). It is closed at HK$0.62 on Phillip's grey market, 24% higher than the IPO
price of HK$0.5. Based on 5,000 shares per lot, excluding handling fees, the book value
gain per lot is HK$600. It is currently at HK$0.61 on Bright Smart's grey market, 22%
higher than the IPO price. The book value gain per lot is HK$550.
The public offering of the stock was oversubscribed by 6.58 times. The winning rate of
one lot was 50.05%. One lot was distributed for subscription of 10 lots. The price is
based on the lower limit of the offer price ranging from HK$0.5 to HK$0.54. (ed)