Pan covers books for HK IPO, pricing set for next week

25 Jan 2013

Chinese aluminum casing company PanAsialum, one of the biggest suppliers of iPad cases, is now building the books for a planned Hong Kong listing that could be worth as much as HK$1.55bn ($200m).

The company’s management is on the road until next Monday, and the leads plan to announce the final price of the 300m-share deal the next day. But they had a strong enough response to be confident of a smooth execution by Thursday morning, and had covered the books ...

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