Assuming 2 million offer shares are issued, the offer shares will represent about 0.52% of the enlarged issued and paid-up share capital of the company.
Ever Glory United is undertaking a public offer of up to 2 million new shares at a 64 cents per offer share, in relation to its proposed transfer of listing to the Mainboard of the SGX.
The offering price represents a 9.1% discount to the volume weighted average price of 70.4 cents for trades done on Dec 9.
