News this week: Hong Kong-based exhibition organiser Mega Expo, organiser of the Mega Show Part I and Part II, recently announced
the company’s initial public offering (IPO) plans on the Hong Kong Stock Exchange
(HKEx).
The listing offers a total of 60,000,000 initial shares, of
which 54,000,000 will be conditionally offered as Placing share, with the
remaining 6,000,000 as Public Offer shares. The listing price range was set
between HK$1.23 and HK$1.33 per share, valuing Mega Expo at US$9.5 million to
US$10.3 million.
Application for Mega Expo’s IPO lasted from 25th
October to 30th October. Mega Expo is scheduled to be listed on the
Main Board of the HKEx on 6th November with stock code “1360”.
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