Samfine Creation Holdings Group Restricted (SFCH) is planning to boost $9 million in an preliminary public providing on Tuesday, September twenty fourth, IPO Scoop stories. The corporate plans to difficulty 2,000,000 shares at $4.00-$5.00 per share.
Within the final 12 months, Samfine Creation Holdings Group Restricted generated $15 million in income and had a internet lack of $430,000. The corporate has a market-cap of $90 million.
Cathay Securities and Revere Securities acted because the underwriters for the IPO.
Samfine Creation Holdings Group Restricted supplied the next description of their firm for its IPO: “By our working subsidiaries, we’re a longtime one-stop printing service supplier which principally supplies printing providers in Hong Kong and the PRC. (Included within the Cayman Islands) With over 20 years of expertise within the printing business, our working subsidiaries supply a variety of printed merchandise similar to (i) guide merchandise, which primarily embrace children’s books, instructional books, artwork books, notebooks, diaries and journals; and (ii) novelty and packaging merchandise, which primarily embrace handcraft merchandise, guide units, pop-up books, stationery merchandise, merchandise with meeting elements and different specialised merchandise, buying luggage and package deal packing containers. Our working subsidiaries’ clients principally comprise of guide merchants situated in Hong Kong whose shoppers are situated world wide, primarily within the U.S. and Europe. Be aware: Web loss and revenues are for the 12 months that ended Dec. 31, 2023. (Be aware: Samfine Creation Holdings Group disclosed that it has named Cathay Securities as a joint book-runner – to work with Revere Securities – based on an F-1/A submitting dated Aug. 7, 2024. Background: Samfine Creation Holdings Group Restricted filed its F-1 to go public in November 2023. The corporate submitted a confidential IPO submitting to the SEC in 2022.) “.
Samfine Creation Holdings Group Restricted was based in 1993 and has 221 staff. The corporate is situated at Flat B, 8/F, Block 4 Kwun Tong Industrial Centre 436-446 Kwun Tong Highway Kwun Tong, Kowloon Hong Kong and may be reached by way of telephone at +852 3589 1500 or on the net at http://www.1398.cn/.
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