Shirble returns with enlarged IPO

The Shenzhen-based department store operator is looking to raise as much as $205 million, up from a maximum $130 million during a previous listing attempt in July.

Shirble Department Store Holdings, which delayed a $130 million Hong Kong listing plan in early July, is returning to the market with hopes of raising more capital than its maximum target four months ago. The Shenzhen-based department store operator will kick off the institutional bookbuilding today.

The company is now looking to tap the market for between HK$1.16 billion and HK$1.59 billion $149 million to $205 million, which compares with the $102 million to $130 million...

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