Curtain wall maker debuts in Hong Kong
May 26, 2011 | BY
clpstaff &clp articlesPRC-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.
The joint global coordinators were Deutsche Bank, JP Morgan, Standard Chartered Securities and BOCI Asia.
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