Asia Cement IPO

Hong Kong is going to witness one more IPO in the near future.
The cement company, Asia Cement Corporation is set to come out with its IPO or Initial Public Offering.

What is the expected size of Asia Cement IPO?
Asia Cement will be selling around 345 million shares through its IPO.

What is the price range of Asia Cement IPO?
The Asia Cement IPO price range is set to HK$ 4.85 to 6.45 per share

When will the Asia Cement IPO open for subscription?
Asia Cement IPO will accept IPO application between May 5 and May 8. Listing will be on May 20, 2008.

What are the business valuations and background of Asia Cement?
Asia Cement Corp, the spinoff of Taiwanese conglomerate Far Eastern Group. Asia Cement is expected to raise aroung HK $2.25 through the IPO.

Let’s see how this IPO performs in the markets.

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