error

Investors reconfirm 98.8% of Sun Art Retail allocation

Retail investors will be allocated 18.7% of Sun Art's $1 billion IPO after reconfirming 93.3% of their original allocation after the detection of a prospectus error. The process results in an overall take-up ratio of 98.8%.

July 21, 2011

Sun Art's trading debut delayed due to prospectus error

Sun Art will need to issue a supplementary prospectus and give retail investors a chance to withdraw their orders after overstating its earnings per share for the past three years.

July 14, 2011