Impro opens books for $140m HKEX float

Chinese components manufacturer Impro Precision Industries has opened books for its HK$1.1bn ($140.49m) IPO after receiving Hong Kong Stock Exchange approval for its float.
It has been on a roadshow across Asia this week, having already having sounded out US and European demand, said a source close to the deal. The shares will list on the Hong Kong main board on June 28.
The 333.3m shares of Impro are expected to be ...Already a subscriber? Login