The share offer will be conducted entirely on a placement basis of 160 million shares at HK$0.20 per share for a total of HK$32 million, US$4.1 million. Lead manager Tai Fook Securities is granted an over-allotment option of up to 16 million additional shares 10% of the initial offer.
The GEM listing is being sponsored by Tai Fook Capital. Also participating in the underwriting...
