Impro prices near middle for HK IPO

Impro Precision Industries has raised HK$999.9m ($127.94m) from its float on the Hong Kong Stock Exchange, pricing the offering near the middle of initial guidance.

  • By Gina Lee
  • 25 Jun 2019

“The deal went quite well”, a source close to the IPO said, with the trade fully covered by the first day of bookbuilding on June 17.

Co-sponsors BOC International and Morgan Stanley priced the offering of 333.3m shares at HK$3 per share, near the middle ...

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