UPDATE: AMTD International, Inc. (HKIB) Prices 20.76M ADS IPO at $8.38/ADS
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AMTD International Inc. Announces Pricing of Initial Public Offering
August 4, 2019 7:00 PM EDTNEW YORK--(BUSINESS WIRE)-- AMTD International, Inc. (NYSE: HKIB) (AMTD or the Company), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asias No. 1 independent investment banking firm1 and the largest independent asset management firm in Asia for PRC regional banks and new economy companies2, announced the pricing of its initial public offering of 20,759,700 American depositary shares (ADSs) at a price to the public of US$8.38 per ADS on August 2, 2019. In addition, the Company has granted the underwriters a 30-day option to purchase up to an aggregate of 3,113,955 additional ADSs from the Company to... More
