Korean Apple proxy comes to market

Cowell, the camera module manufacturer hopes its listing will benefit from the strong share price momentum driving Apple and its Asian component suppliers.

Korean Apple proxy comes to market

Korean camera module manufacturer and Apple supplier, Cowell Holdings, has entered a second week of pre-marketing for a $150 million to $200 million initial public offering in Hong Kong. 

Formal book building for the IPO is likely to begin on March 16 when the price range is expected to be set. The deal will comprise a mix of primary and secondary shares with a likely freefloat of 25% of the company's total share...

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