Edvantage pre-markets $100m HK listing

By Jonathan Breen
06 Jun 2019

Chinese higher education provider Edvantage Group Holdings has begun pre-deal investor education for its Hong Kong IPO, according to a source familiar with the matter.

The Guangdong province-based company is working with sole sponsor BNP Paribas to pre-market its IPO and is targeting proceeds of about $100m, said the source.

To help in the price discovery process, the issuer will continue pre-deal meetings for another week, and plans to kick off bookbuilding on ...

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