The company is the biggest optical components producer in China with a 40% share of the market and will be the first of its kind to list in Hong Kong.
The manufacturer is offering 27% of its enlarged share capital, or 270 million shares, at a price between HK$3 and HK$3.82. Of the total, 200 million shares are new, while 70 million, or around 26%, are existing shares. A 15% greenshoe made up of existing shares could increase the deal size...
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