Jingtian & Gongcheng Advises Midas Holdings on its HKD 1.2 Billion IPO and SEHK Listing
Date:2010-10-06
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On October 6, 2010, Midas Holdings Limited launched its global offering of 220,000,000 shares at HKD 5.43 per share for a Hong Kong Stock Exchange main board listing, under the stock code of 01021.HK. The raised funds reached a total of HKD 1.195 billion. It is a secondary public offering, and Midas Holdings Limited was firstly listed on Singapore Exchange.
Midas is a leading manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in China.
Jingtian & Gongcheng represented the issuer in the listing.