PRC menswear maker debuts in Hong Kong

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    clpstaff &clp articles

    China Outfitters Holdings has raised HK$1.13 billion (US$145 million) from its initial public offering (IPO) on the Hong Kong Stock Exchange and Rule 144A/Regulation…

    China Outfitters Holdings has raised HK$1.13 billion (US$145 million) from its initial public offering (IPO) on the Hong Kong Stock Exchange and Rule 144A/Regulation S global offering.

    The issuer, a PRC-based menswear apparel company, plans to use the IPO proceeds for the licensing or acquisition of other international brands, logistics system enhancement, joint venture establishment and expansion, among other things.

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