SF Holdings: is conducting the issuance of H shares and related work for listing on the main board of the Hong Kong Stock Exchange

On November 26th, Jinshi Data reported that SF Holdings announced that the company is conducting the issuance of H-shares and listing on the Main Board of the Hong Kong Stock Exchange. The total number of H-shares issued by the company in this global offering is 170 million shares (before the exercise of the over-allotment option). Based on the H-share offering price of HKD 34.30 per share, after deducting the related underwriting commissions and other estimated expenses for the global offering, and assuming that the over-allotment option is not exercised, the company estimates that the net proceeds from the global offering will be approximately HKD 5.662 billion.