Another IPO is coming to the Hong Kong Markets. The Hong Kong bulk and tanker shipping company Wah Kwong Maritime Transport Holdings Limited is expected to come out with its IPO or initial public offering.
What is the size of the Wah Kwong Maritime Transport IPO?
The Wah Kwong Maritime Transport IPO plans to raise aroung $163.5 million $ through its IPO.
How many shares will be sold through the Wah Kwong Maritime Transport IPO?
A total of 125 million shares are expected to be sold through the Wah Kwong Maritime Transport IPO. This constitutes 25% stake of the company.
What is the price band of Wah Kwong Maritime Transport IPO shares?
The Wah Kwong Maritime Transport IPO shares are prices in the range of HK$7.78-HK$10.20 each.
What are the business valuations and financial market standings of the Wah Kwong Maritime Transport Company?
The Wah Kwong Maritime Transport company is one of the oldest bulk shipping firms of Hong Kong. Wah Kwong's predecessor, Wah Kwong Shipping, had been listed in Hong Kong in 1973, but after a period of share price weakness, was delisted and taken private in 2000.
Cazenove is sponsoring the deal.
| Let’s see how this IPO from Wah Kwong Maritime Transport performs in the market once it opens up for subscription. | Table of Contents |
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