Core Viewpoint - King Leaf International Group (08549) is set to launch an IPO from September 30 to October 6, 2025, offering 100 million shares at a price range of HKD 0.45 to 0.65 per share, with 10% for public offering and 90% for placement [1][2] Company Overview - The company is a well-established contractor in the electromechanical engineering sector, with a history dating back to 2006, specializing in the supply, installation, maintenance, and repair of HVAC systems, electrical installations, and water supply systems [1] - Historically, the company has primarily acted as a main contractor for private projects, with major clients being large property management companies [1] Revenue Breakdown - For the fiscal years 2023/24 and 2024/25, revenue from private projects accounted for approximately 97.7% and 98.2% of total revenue, respectively, while revenue from projects where the company acted as the main contractor represented about 90.7% and 86.4% of total revenue [2] - The company mainly provides services to existing commercial properties in Hong Kong, managed by several large property management firms [2] Project Locations - The company has serviced various commercial properties across Hong Kong Island, Kowloon, and the New Territories, including notable locations such as Ocean Terminal, China Hong Kong City, and Hysan Place [2] Use of IPO Proceeds - The estimated net proceeds from the share sale, assuming a share price of HKD 0.55, is approximately HKD 38.3 million, with allocations as follows: about 56.1% for new project costs, 32.6% for hiring new staff and leasing additional office space, 1.3% for upgrading the 'GL ERP' system, and 10.0% for general working capital [2]
金叶国际集团9月30日-10月6日招股 拟发售1亿股
Zhi Tong Cai Jing·2025-09-29 23:31