Business broker LP Lammas heads for GEM listing this week

The company hopes to cash in on deals with Chinese asset management companies to generate interest.

LP Lammas, a business broker and consultancy focused on mid-tier mergers, acquisitions and investments, is listing on Hong Kongs second board in a deal that Chairman and Managing Director Louis Pong claims is more about raising his companys profile than any need for cash.

The share offer will be conducted entirely on a placement basis of 160 million shares at HK$0.20 per share for a total of HK$32 million, US$4.1 million. Lead manager...

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