\n<\/p>\n
\n The Hong Kong Public Offering was approximately 145.3 times subscribed and Offer price set at HK$3.28 per share <\/p>\n
HONG
\u00a0<\/p>\n
YesAsia offered 39,540,000 new shares (“Offer Shares<\/b>“) at an indicative price
\u00a0<\/p>\n
Since the Hong Kong Public Offering was more than 100 times
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Mr. Lau Kwok Chu,
\u00a0<\/p>\n
Dealings in the Company’s shares on the Main Board of The
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UOB Kay Hian (Hong Kong) Limited is the Sole Sponsor and the Sole Global Coordinator of the Global Offering. <\/p>\n
\nKONG SAR –\u00a0Media
\nOutReach<\/a>\u00a0–\u00a08
\nJuly
\n2021\u00a0–\u00a0YesAsia Holdings Limited<\/a><\/b> (“YesAsia<\/b>” or the “Company<\/b>“; together
\nwith subsidiaries, the “Group<\/b>“; SEHK
\nstock code: 2209), a Hong Kong-headquartered
\nE-commerce platform operator engaging in the procurement and sale of Asian
\nfashion and lifestyle, beauty and entertainment products to customers around
\nthe world, announced that the Hong Kong Public Offering, as part of its Global
\nOffering, was approximately 145.3 times subscribed while the International
\nOffering was moderately oversubscribed. The Offer Price was set at HK$3.28 per Share.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nrange of HK$3.00 to HK$3.33 per Share. About 35,586,000 Shares or 90% of the
\nOffer Shares were available for placing with institutional and professional
\ninvestors (“International Offering<\/b>“) while about 3,954,000 Shares or 10%
\nof the Offer Shares were available for subscription by the public in Hong Kong
\n(“Hong Kong Public Offering<\/b>“, together, “Global Offering<\/b>“).<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nsubscribed, the total number of the Offer Shares available under the Hong Kong Public Offering will be 19,770,000 Offer
\nShares, representing 50% of the Offer Shares initially available
\nunder the Global Offering, while the number of Offer
\nShares available under the International Offering Placing will be adjusted to 19,770,000
\nOffer Shares.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nFounder and CEO of YesAsia, said: “We
\nare pleased with the positive responses from both the institutional and retail
\ninvestors during the Global Offering, reflecting investors’ confidence in our
\nbusiness model, track record and prospects. With this enlarged capital and
\nshareholder base, we shall continue to build our strengths with our established E-commerce
\nplatform with a global reach, our loyal and engaged customer base driving a
\nvirtuous cycle in our business ecosystem; and deliver satisfactory return for shareholders.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nStock Exchange of Hong Kong Limited are expected to commence under the stock
\ncode 2209 at 9:00 am on Friday, 9 July 2021. The board lot is
\n1,000 shares.<\/p>\n
\n
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\n
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\n
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