AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Zhongtian seeks $121m from IPO.
(From The Standard)
Byline: Mark Lee
Zhongtian International, a software and IT services provider on the mainland, said it aims to raise up to HK$121 million in its initial public offering in Hong Kong to strengthen its business to sell financial services applications software systems to rural credit co-operatives in China.
The Qingdao-based group is selling a total of 100 million shares, or 25 per cent of its enlarged share base, at an indicative price range of HK$0.77 to HK$1.21 per share, pricing the group at between 7.1 and 11.1 times its 2003 earnings. Retail subscribers are allotted 10 per cent of the offering with the remainder going to institutional investors.
First Shanghai Capital is the lead arranger of the deal and the IPO will be priced by September 20 with trading to begin on September 22. The management will use the proceeds from the share sale to strengthen its research and development efforts in financial services software systems.
- HONG KONG NEWSPAPER HIGHLIGHTS - FEB 20, 2003.
- News wire article from: AsiaPulse News February 20, 2003 700+ words
HONG KONG, Feb 20 Asia Pulse - Highlights...POST - A nine-year-old Hong Kong boy has been infected with...Chartered Bank's profits in Hong Kong last year as personal bankruptcies...Shanghai will merge 232 rural credit co-operatives to form a...
- HONG KONG NEWSPAPER HIGHLIGHTS - DEC 10, 2002.
- News wire article from: AsiaPulse News December 10, 2002 700+ words
HONG KONG, Dec 10 Asia Pulse - Highlights...the SAR plans to depart for Hong Kong in the next few weeks following...cash. - Beijing might allow rural credit co-operatives to lend at...their lending business. - Hong Kong has signed a new air services...
- HONG KONG DISNEYLAND SET TO BOOST LOCAL ECONOMY.
- News wire article from: AsiaPulse News September 5, 2005 700+ words
HONG KONG, Sept 5 Asia Pulse - With only seven days left before the formal opening of Hong Kong Disneyland, Hong Kong is being soaked in an atmosphere of jubilance. Hong Kong Financial Secretary Henry Tang has already described the opening of...
- Hong Kong's Textile and Clothing Exports Stood At US$40 Bn in 2008,...
- Press release article from: M2 Presswire March 26, 2009 700+ words
...PRESSWIRE-26 March 2009-Research and Markets: Hong Kong's Textile and Clothing Exports Stood At US...Prospects for the Textile and Garment Industry in Hong Kong" to their offering. Hong Kong is the world's third largest exporter of garments...
- Hong Kong Telecommunications Ltd.
- Reference information from: International Directory of Company Histories January 1, 1992 700+ words
Hong Kong Telecommunications Ltd. 15th Floor Three Exchange Square Hong Kong Island Hong Kong (5) 848-8718 Fax: (5) 868-5187 Public Company Incorporated: 1988 Employees: 15,450 Sales: HK$18.37 billion (US$2.42 billion) Stock...
- Hong Kong handover. (China's president Jiang Zemin)(Transcript)
- Magazine article from: Presidents & Prime Ministers July 1, 1997 700+ words
...of China and the regional flag of the Hong Kong Special Administrative Region of the...in the world are casting their eyes on Hong Kong. In accordance with the Sino-British Joint Declaration on the Question of Hong Kong, the two governments have held on schedule...
- Hong Kong must act now to shape its economic destiny in the 1990s. (includes...
- Press release article from: PR Newswire September 26, 1989 700+ words
HONG KONG MUST ACT NOW TO SHAPE ITS ECONOMIC DESTINY...a greater extent than many realize, Hong Kong can shape its own destiny by building...1997, according to a "blueprint" for Hong Kong's future proposed by SRI International...
- HONG KONG'S FINANCIAL INDUSTRY CONTINUES TO GAIN MOMENTUM.
- News wire article from: AsiaPulse News July 4, 2005 700+ words
HONG KONG, July 4 Asia Pulse - As an international financial center, Hong Kong development in the past eight years has been encouraging...demonstrated strong and sustainable growth since Hong Kong returned to the motherland in 1997. Paul Chow...