E-land China IPO: 350 million Hong Kong IPO

The news as per Reuters is that the E-Land China Holdings Ltd. Is on its way to the IPO or Initial Public offer which can be anywhere in the range of 250 to 350 million dollars.

E-land china is in the business of women’s apparels as a retail business chain. It came into existence few years ago when the parent company from South Korea, E-land World went for a spin-off, and projected E-land China as a separate business entity. The firm is now known to start the pre-marketing of its IPO for collecting something around 250-350 million dollars for its IPO listing in HK or Hong Kong.

Big names are associated with it. Goldman Sachs, UBS and Citigroup are learnt to be the primary sponsors of the deal. Let's see when this IPO finally hits the stock markets!

Table of Contents