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] Group 1: Company Overview - The company is a well-established contractor in electromechanical engineering, with a history dating back to 2006 [1] - It specializes in the supply, installation, maintenance, and repair of (i) heating, ventilation, and air conditioning systems; (ii) electrical installation systems; and (iii) water supply systems [1] - Historically, the company has primarily acted as a main contractor for private projects, with project owners mainly being large property management companies [1] Group 2: 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 [2] - Revenue from projects where the company acted as the main contractor represented about 90.7% and 86.4% of total revenue for the same periods [2] Group 3: Project Portfolio - The company has mainly provided services to existing commercial properties in Hong Kong, managed by several large property management companies [2] - Notable commercial properties serviced include Ocean Terminal in Tsim Sha Tsui, Hysan Place in Causeway Bay, and others across Hong Kong Island, Kowloon, and the New Territories [2] Group 4: 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 [2] - Approximately 56.1% of the proceeds will be allocated for the preliminary costs of new projects, 32.6% for hiring new staff and leasing additional office space, 1.3% for upgrading the company's 'GL ERP' system, and 10.0% for general working capital [2]
金叶国际集团于9月30日至10月6日招股 拟发售1亿股
Xin Lang Cai Jing·2025-09-30 00:20