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HONG KONG (Reuters) -JD Logistics Inc has indicated it will price shares at HK$40.36 ($5.20), towards the lower end of its flagged range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter said.
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JD Logistics did not immediately reply to a request for comment.
It had set a price range of HK$39.36 to HK$43.36 per share which would have raised $3.4 billion at the top end.
The company sold 609.1 million shares in the deal, which is Hong Kong’s second-largest IPO this year following Kuaishou Technology raising $5.4 billion in January.
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JD Logistics to raise US$3.16 billion in Hong Kong IPO -sources HONG KONG :JD Logistics Inc has indicated it will price shares at HKUS$40.36 (US$5.20), towards the lower end of its flagged range, to raise US$3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter said.
FILE PHOTO: A staff member wearing a face mask works at JD.com s automated logistics center during a government organized tour on China s Singles Day shopping festival in Beijing, China November 11, 2020. REUTERS/Thomas Peter
JD Logistics to raise $3.16 billion in Hong Kong IPO -sources
By Scott Murdoch
Reuters
HONG KONG (Reuters) -JD Logistics Inc has indicated it will price shares at HK$40.36 ($5.20), towards the lower end of its flagged range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter said.
The people declined to be identified as the information has not yet been made public.
JD Logistics did not immediately reply to a request for comment.
It had set a price range of HK$39.36 to HK$43.36 per share which would have raised $3.4 billion at the top end.
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Buying resident licenses when you aren’t one is a serious crime and this Georgia man recently was caught doing just that. Following a multi-year investigation, Colorado Parks and Wildlife (CPW) discovered that Douglas Crookston of Duluth, Ga., had posed as a Colorado resident multiple times to purchase hunting licenses despite no longer owning any property in the state.
While Crookston had lived in Colorado, as of February 2017, he had sold all of his property and moved to Georgia; however, CPW Officer Scott Murdoch discovered that Crookston was still posing as a Colorado resident two years later, according to a press release. During the investigation, officials discovered photos and videos that Crookston had posted on social media, documenting “every aspect of his hunts,” which made it easier to determine “when and where certain wildlife were taken.” Further, it appeared that Crookston knew exactly what he was doing as
Douglas Crookston, 41, was charged with 42 wildlife violations, including illegally possessing six big game animals.
In April, he pleaded guilty to 10 counts of making a false statement while purchasing a hunting license, three counts of hunting without a valid license and two counts of illegal possession.
An Adams County judge sentenced Crookston to two years of supervised probation and a court-ordered suspension of all hunting, fishing and trapping activities.
“Colorado residents are entitled to certain privileges that out-of-state residents are not. This comes in the form of license prices, license draw odds and license allocations,” said wildlife officer Scott Murdoch.
In addition to the $41,700 in fines and court costs, Crookston was also ordered to make a $500 donation to Colorado s Operation Game Thief and to forfeit all wildlife seized in the investigation to the agency.