Asian Spectator

.
Business Advice

.

Octa’s compelling Ramadan 2023—Memories which become templates for the future

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 27 March 2024 - It is time to recall all the Ramadan initiatives the international broker Octa has launched and curated throughout the last year. C...

Xinhua Silk Road: 2019 Bast and Leaf Fibres Textile Expo held ...

BEIJING, Nov. 5, 2019 /PRNewswire-AsiaNet/ -- The 2019 Bast and Leaf Fibres Textile Expo Jiangxi was held in Fenyi County, Xinyu City of Southeast China's Jiangxi Province from November 1 to...

MindRank Announces U.S. FDA Clearance of IND Application for M...

SHANGHAI and HANGZHOU, China, Dec. 26, 2022 /PRNewswire-AsiaNet/ -- MindRank, an artificial intelligence (AI)-empowered drug discovery company, announces today that the U.S. Food and Drug Ad...

Knight Riders Acquires Abu Dhabi Franchise in the New T20 Leag...

DUBAI, UAE, May 12, 2022 /PRNewswire-AsiaNet/ -- - Franchise deal inked between Knight Riders Group, majority owned by Bollywood superstar, Shah Rukh Khan and UAE's T20 League Chairman, Khal...

Miramar Group Presents the First-Ever Gourmet Month Discover Hong Kong’s Best Culinary Delights

A Celebration of 65 Years with Five MIRAlicious Dining Experiences Curated by a Stellar Team of Culinary ChefsHONG KONG SAR - Media OutReach - 8 May 2023 - Established in 1957 with root in ...

US Immigration Candidates Look to Upcoming San Francisco Real ...

SAN FRANCISCO, Calif., Apr. 17, 2019 /PRNewswire-AsiaNet/-- Williams & Williams, a leader in global live and interactive real estate auctions will hold a live and online auction for a hi...

Travelodge Honmachi Osaka Opens Its Door on September 28, 2022 ; Booking Is Now Available on Hotel’s Website

Redefining hospitality to embrace the comfort and essentials for memorable guest experiences in the heart of OsakaOSAKA, JAPAN - Media OutReach - 27 September 2022 - Travelodge Honmachi Osa...

The inaugural Jinan International Biennale opens in Jinan, Sha...

JINAN, China, Dec. 18, 2020 /Xinhua-AsiaNet/-- On the evening of December 12th, the Power of Harmony: First Jinan International Biennale opened in Jinan, Shandong, according to the Publicity...

Hublot and WBC TEAM Up for a Legendary 'NIGHT OF CHAMPIONS'

LAS VEGAS, May 6, 2019, /PRNewswire-AsiaNet/-- Big Bang Unico WBCHublot, the famous Swiss watchmaker, and WBC, the World Boxing Council, co-hosted an unforgettable evening celebrating its co...

Polyfair Holdings Limited Successfully Listed on the GEM of The Stock Exchange of Hong Kong Limited

image
HONG KONG, Feb 26, 2018 - (ACN Newswire) - Polyfair Holdings Limited ("Polyfair Holdings" or the "Group", stock code: 8532), a subcontractor that provides one-stop facade and curtain wall works solutions in Hong Kong, has commenced dealing on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited ("HKSE") today.

The shares of Polyfair Holdings were actively traded today and recorded a satisfactory price performance. The intra-day high was HK$0.45 per share. The closing price was HK$0.41 per share, approximately 46% higher than the Offer Price of HK$0.28 per Offer Share.

Mr. Chow Mo Lam, Executive Director and the Chairman of the Board of Polyfair Holdings Limited, said "As the Group is officially listed on HKSE today, Polyfair Holdings's business development has entered a brand new stage. We are happy to receive the recognition of investors on the Group's development potential and prospects. We believe that with the Group's well-established track record in the industry, stable business relationships with major suppliers and customers, one-stop professional services as well as our extensive experience and technical know-how of the management team, the business of the Group will continue to grow steadily, which strengthens the Group's market position in the facade and curtain wall industry, and brings maximum returns to shareholders."

Polyfair Holdings offered a total of 200,000,000 shares, with an Offer Price of HK$0.28 per Offer Share and a board lot size of 8,000 shares. After deducting the related expenses in connection with the listing and share offer, the net proceeds from the share offer is approximately HK$30.2 million. Proceeds from share offer will be mainly used for settling upfront costs of three new projects and one potential project, satisfying the surety bond requirement of one of the new projects, expanding operation teams, offices and equipment, as well as general working capital.

Sunfund Capital Limited is the Sole Sponsor of the share offer. Huabang Securities Limited and Future Land Resources Securities Limited are the Joint Bookrunners and Joint Lead Managers, whereas Sunfund Securities Limited is the Co-Lead Manager.

About Polyfair Holdings LimitedFounded in 2006, Polyfair Holdings Limited ("Polyfair Holdings" or the "Group") is a subcontractor that provides one-stop facade and curtain wall solutions in Hong Kong. Its design services generally include developing designs, conducting structural calculations and preparing shop drawings; while project management services generally include sourcing and procuring building materials, arranging for building material logistics and installation works, on-site project management and post-project completion services. With its business philosophy of "Excellence in Quality and Services", the Group has completed facade and curtain wall works for over 20 projects, covering both commercial and residential buildings. It has also undertaken a project for large scale residential complex, namely the Victoria Skye located in the Kai Tak district. More details: www.polyfaircurtainwall.com.hk[1]

Media Inquiries:Anli Financial Communications LimitedCrystal Chan 852-3956 1640 [email protected]Joy Kan 852-3956 1646 [email protected]Angel Cheung 852-3956 1638 [email protected][2][3][4]

Topic: Press release summarySectors: Daily Finance, Daily News[5][6] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ www.polyfaircurtainwall.com.hk (www.polyfaircurtainwall.com.hk)
  2. ^ [email protected] (www.acnnewswire.com)
  3. ^ [email protected] (www.acnnewswire.com)
  4. ^ [email protected] (www.acnnewswire.com)
  5. ^ Daily Finance (www.acnnewswire.com)
  6. ^ Daily News (www.acnnewswire.com)

Authors: ACN Newswire

Read more http://www.acnnewswire.com/press-release/english/41667/

Magazine

Disparitas pemidanaan: mengapa pelaku kekerasan seksual bisa mendapat hukuman berbeda-beda untuk kasus serupa?

Ilustrasi korban kekerasan seksual.Tinnakorn jorruang/ShutterstockPraktik hukum di Indonesia masih menunjukkan adanya disparitas pemidanaan, yakni ketika ada dua orang atau lebih melakukan tindak pida...

8 aspek penting untuk memastikan keberlanjutan industri nikel dari hulu ke hilir

Isu mengenai hilirisasi nikel Indonesia tengah panas beberapa tahun ke belakang. Ambisi Presiden Joko Widodo untuk menjadikan Indonesia sentra produksi baterai kendaraan listrik (EV) dunia membuat akt...

Gangguan dismorfik tubuh: apa yang perlu kita ketahui tentang kondisi kesehatan mental ini

Selebritas Megan Fox dalam sebuah wawancara dengan Sports Illustrated mengungkapkan bahwa dia memiliki dismorfik tubuh (body dysmorphia). Fox mengatakan: “Saya tidak pernah melihat diri saya sep...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion