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Ever Glory United’s S$0.64 Public Offer 7.6 Times Subscribed Ahead of SGX Debut

Story Highlights
  • Ever Glory United’s 2,000,000-share public offer at S$0.64 was 7.6 times subscribed, drawing strong demand.
  • Shares are allotted to ensure broad investor spread, with trading on SGX’s ready market expected from 19 December 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ever Glory United’s S$0.64 Public Offer 7.6 Times Subscribed Ahead of SGX Debut

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The latest announcement is out from Ever Glory United Holdings Limited ( (SG:ZKX) ).

Ever Glory United Holdings Limited has completed the public offer of 2,000,000 shares at S$0.64 each, drawing strong investor interest. As at the close of the offer on 17 December 2025, the company received 554 valid applications for a total of 15,288,700 shares, making the offer approximately 7.6 times subscribed and raising application monies of about S$9.78 million. To ensure a broad shareholder base, the board, in consultation with its sponsor and advisers, implemented a detailed allotment structure that spread shares across multiple application size bands. Trading of the offer shares on the Singapore Exchange’s ready market is expected to commence on 19 December 2025, with refunds for unsuccessful and partially successful applications to be processed within the stipulated timelines, marking the company’s transition into the public markets and expanding its investor base.

More about Ever Glory United Holdings Limited

Average Trading Volume: 269,659

Technical Sentiment Signal: Hold

Current Market Cap: S$262.6M

For detailed information about ZKX stock, go to TipRanks’ Stock Analysis page.

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