centron-and-china-high-speed-ipos-price-at-top-of-range

Centron and China High Speed IPOs price at top of range

Centron, which provides mobile phone solutions, sells $108 million worth of shares, while wind turbine gearbox maker China High Speed Transmission pockets $272 million.
Centron Telecom has raised HK$844.9 million $108 million from its initial public offering after becoming the second Hong Kong listing candidate in one day to fix the price at the top end of the indicative range.

The China-based provider of wireless coverage solutions, which help extend the reach of wireless networks to areas with weak or no coverage, priced the deal at HK$3.55 per share after marketing it to investors at HK$2.96 to HK$3.55. JPMorgan was the sole bookrunner.

Earlier yesterday China High Speed Transmission CHST, which makes gearboxes for wind turbines, priced its offering at the maximum HK$7.08 per share for a total deal size of $272...
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