As the over-subscription in the Hong Kong public offering was over 15 times but lower than 50 times of the offer shares, FWD reallocated 18.3 million offer shares from the international offering to the Hong Kong public offering.
FWD announced, on July 4, that its offer shares for its Hong Kong and international offerings have been over-subscribed.
The Hong Kong public offering received 61,689 valid applications for a total of 339.2 million shares, representing about 37.1 times of the total number of 9.1 million Hong Kong offer shares available for subscription.
