By
Reuters
Reuters
Published
Sep 30, 2014
Sep 30, 2014
Shanghai La Chapelle prices HK IPO at low end
By
Reuters
Reuters
Published
Sep 30, 2014
Sep 30, 2014
HONG KONG - Shanghai La Chapelle Fashion Co Ltd raised $219 million in a Hong Kong initial public offering, IFR reported on Tuesday, the first new listing priced in the city since pro-democracy protesters clashed with police over the weekend.
The IPO for the women's wear and apparel company, in which Goldman Sachs has a minority stake, consisted of 121.9 million shares priced at HK$13.98 each, added IFR, a Thomson Reuters publication. The shares were marketed in a range of HK$13.98 to $18.20 each.
China International Capital Corp (CICC) and CLSA Ltd acted as joint global coordinators of the IPO.
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