Curtain wall maker debuts in Hong Kong

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    clpstaff &clp articles

    PRC-based Yuanda China Holdings (Yuanda) has listed on the main board of the Hong Kong Stock Exchange. The issuer, a manufacturer of curtain walls, raised…

    PRC-based Yuanda China Holdings (Yuanda) has listed on the main board of the Hong Kong Stock Exchange.

    The issuer, a manufacturer of curtain walls, raised capital through its Hong Kong initial public offering and Rule 144A/Regulation S global offering. It raised HK$2.25 billion (US$290 million) and plans to use proceeds to expand production capacity, increase its sales and marketing network, repay debts and invest in research and development.

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