China All Access 0633

China All Access 0633

Postby winston » Fri Sep 04, 2009 7:56 am

All Access float targets $445m by Alfred Liu, The Standard HK

Listing candidate China All Access, which opens its retail book today, plans to tap the market for as much as HK$445 million on the back of strong sentiment.

The firm, which provides satellite and wireless data communication applications, said it plans to offer a total of 250 million new shares at between HK$1.38 and HK$1.78 per share in its initial public offering. The minimum spending for a board lot of 2,000 shares will be HK$3,595.92. The retail book closes next Wednesday and its stock market debut is expected on September 16.

The international tranche was oversubscribed four to five times.

Atlantis Investment Management, whose stake in China All Access will be diluted to 9.74 percent after listing, said it plans to raise its stake in the company by buying new shares, said the investment firm's chairman Liu Yang.

Guotai Junan Capital is the sole sponsor of the mainland technology firm's listing while Guotai Junan Securities (Hong Kong) is the sole global coordinator, bookrunner and lead manager.

China All Access plans to use 47 percent of the proceeds to develop a new satellite communication application solution system and another 15 percent to increase the number of satellite and wireless data communication related products.
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Re: China All Access ( IPO )

Postby winston » Mon Sep 07, 2009 10:44 am

From eauyong with thanks:-

00633 China All Access (Holdings) Limited

The principal activities of the Group are the provision of satellite communication application solutions and services,wireless data communication application solutions and services and call centre application solutions and services.

These solutions consist of project design, sourcing terminals from external suppliers,designing applications pursuant to customer specifications,installation and testing,and application service provision including system operations management,application upgrade and system maintenance.

The businesses of satellite communication solutions and services and wireless data communication solutions and services also include distribution of terminals and equipment.

Date of Listing 9/16/2009
Major Shareholder Chan Yuen Ming
Offering Price HK$1.38-1.78
Nominal Price : HK$0.01
Lot Size 2,000
IPO Market Capitalization : HK$2025 million
Total number of share offering : 250,000,000
(Number of new shares : - | Number of sales shares : -)
Number of placing shares : 225,000,000
(Number of new shares : - | Number of sales shares : -)
Number of public offer shares : 25,000,000
Public Offer/Pricing(%) n/a
Adjusted Net Tangible Asset Value Per Share : HK33800 cents
Forecast Diluted Earnings Per Share : HK 36 cents
Forecast Weighted Average P/E multiple n/a
Forecast Diluted P/E multiple : 11.25
Global Coordinator : Guotai Junan Securities (Hong Kong) Limited
Sponsor & Lead Manager : Guotai Junan Capital Limited
Guotai Junan Securities (Hong Kong) Limited
Co-Sponsors : n/a
Underwriters : Guotai Junan Securities (Hong Kong) Limited
: DBS Asia Capital Limited
: China Merchants Securities (HK) Co.
: Limited
: CMB International Capital Corporation Limited
: Ever-Long Securities Company Limited
: Hyundai Securities (Asia) Limited
: Mega Capital (Asia) Company Limited
: OSK Securities Hong Kong Limited
: Sun Hung Kai International Limited
: VC Brokerage Limited
: Mizuho Securities Asia Limited
Legal Advisors to the Sponsors : Charltons
Property Valuer : BMI Appraisals Limited
Receiving Bankers : Bank of Communications Co.Ltd. Hong Kong Branch
: Wing Lung Bank Limited
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Re: China All Access 0633

Postby winston » Wed Sep 16, 2009 7:40 am

China All Access, which makes its trading debut today, gained 5 percent to close at HK$1.68 yesterday in the gray market, according to Phillip Securities.

It opened at HK$1.80, which was 12.5 percent higher than the offer price of HK$1.60.

Turnover amounted to HK$10.07 million, with 5.84 million shares changing hands.
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