Sinomedia Advertising IPO Hong Kong

A new IPO or initial public offering is set to hit the Hong Kong Capital Markets. The IPO or initial public offering belongs to the Sinomedia Advertising company of China.

What is the size of the Sinomedia IPO?
The Sinomedia IPO is expected to raise around USD 62 million through its IPO or initial public offering.

How many shares will be sold through the Sinomedia IPO?
A total of 139 million shares of Sinomedia Company will be sold through the Sinomedia IPO.

What is the price range or price band of Sinomedia IPO?
The price range for the Sinomedia IPO is set from HK$2.63 to HK$3.48 per share.

What are the opening dates of the Sinomedia IPO?
The marketing roadshow will run from June 24 to July 1, and the Hong Kong IPO will be from June 25 to 30. The shares will be listed and begin trading on July 8, 2008.

Morgan Stanley and Cazenove are the joint book runners for the deal.

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