APT Electronics (HKG:2551) launched its initial public offering in Hong Kong that seeks to raise as much as HK$121.3 million.
The electronic products company, which provides intelligent vision products and system solutions, is offering 33,600,000 shares at an indicative price of HK$3.61 apiece.
The issuer expects to disclose the allocations on Nov. 7. It will then start trading on the Hong Kong bourse on Nov. 8, according to a Thursday filing.
Proceeds from the deal will be used to expand production capacity, establish an R&D center, work on the R&D team, and meet general working capital needs, the filing said.
CITIC Securities, GF Securities (Hong Kong), Sinolink Securities HK, BOCI, and several others are the joint bookrunners of the IPO.
Price (HKD): $68.97, Change: $+0.36, Percent Change: +0.52%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。