big-names-back-small-trinity-listing

Big names back small Trinity listing

The high-end menswear retailer is controlled by Li & Fung's Victor and William Fung, while Temasek will support the IPO as a cornerstone investor.

Trinity Limited, a small-cap retailer of high-end and luxury menswear in Greater China that is controlled by the brothers behind Hong Kong-listed supply-chain manager Li Fung, yesterday kicked off the roadshow for a Hong Kong listing of its own. Marketing will gather pace today with an investor luncheon in Hong Kong.

Offering an alternative to the deluge of Chinese property developers currently seeking a listing, Trinity is aiming to raise between HK$587.5 million and HK$772.8 million $76 million to $100 million.

The company manages six international menswear brands in the Greater China region Altea, Cerruti 1881, D'urban, Gieves Hawkes and Intermezzo, which are all licensed through long-term renewable contracts from their respective...

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