Xiabuxiabu 0520
Posted: Wed Dec 03, 2014 6:12 am
Beijing-based hot pot restaurant chain operator Xiabuxiabu Catering Management (China) Holdings will open the retail book on Friday, targeting an up to HK$1.14 billion Hong Kong IPO.
It will offer 227 million new shares at HK$4.40 to HK$5.00 apiece, costing investors at least HK$5,050.39 on one board lot of 1,000 shares.
Two funds under Yale University-backed Hillhouse Capital, which focuses on long- term investing, have been introduced as cornerstone investors, pledging US$35 million.
Retail bookbuilding will end on December 10 and debut is set for December 17.
Source: The Standard HK
It will offer 227 million new shares at HK$4.40 to HK$5.00 apiece, costing investors at least HK$5,050.39 on one board lot of 1,000 shares.
Two funds under Yale University-backed Hillhouse Capital, which focuses on long- term investing, have been introduced as cornerstone investors, pledging US$35 million.
Retail bookbuilding will end on December 10 and debut is set for December 17.
Source: The Standard HK