Cats Eye Entertainment Delayed Listing Date: Expected New Years Eve Listing in Hong Kong

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 Cats Eye Entertainment Delayed Listing Date: Expected New Years Eve Listing in Hong Kong


Netease Technologies News January 22, according to foreign media reports, Tencent and the United States Corps supported Chinas largest film ticketing application Cats Eye Entertainment to postpone its listing in Hong Kong trading date to February 4 (New Years Eve). It also announced the introduction of three new cornerstone investors, including millet.

It is reported that Cats Eye Entertainment will postpone the Hong Kong listing date to January 23 to January 28. Cats Eye Entertainment is expected to go on sale between January 21 and 24.

At the same time, the company will extend the issuance deadline of new shares from January 24 to January 25 or about January 25, after which it will stop accepting orders from international institutional investors.

Cats Eye Entertainment initially predicted that the stock would start trading on February 4 and was originally scheduled to be listed on the Hong Kong Stock Exchange on January 31.

Documents show that the company has introduced three new cornerstone investors, which will bring the total number of cornerstone investors to five, with a total investment of $30 million.

Among the three new cornerstone investors, Green Better, a millet subsidiary, has agreed to buy $2.6 million worth of shares. Hylink Investment, a subsidiary of Shanghai Stock Exchange listed company Huayang Lianzhong, has pledged to invest $5 million. PrestigeoftheSun will also invest $4.4 million.

According to a previous document, IMAX Hong Kong Kong has agreed to buy $15 million worth of shares, while LLV has pledged to invest $3 million.

Cats Eye Entertainment has issued 13237.7 million shares and raised HK$2.7 billion (US$350 million). The offering price is HK$14.8 to HK$20.4 per share.

According to the prospectus issued in September, Tencent owns 16.3% of Cateye Entertainment. Beijing Light Media, the largest shareholder, holds a 48.8% stake. The company owns 8.6% of the shares. (Han Bing)

Source: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541