2 shares for 1 share, 240,005,000 shares issued, accounting for 50% of the issued share capital, offer price: HK $0.05, net proceeds of about HK $10.76 million, placing agent: Tiger Faith Securities Limited
The Company is an investment holding company and its operating subsidiaries, are engaged in the designing, supplying, fabricating and erecting structural steel-works for the construction of buildings including technological plants, industrial buildings, commercial buildings, government institutions and residential buildings and provision of pre-fabricated steel structures or on-site installation services.
The Group actively manages our customers' credit limits, aging, and repayment of retention monies and monitor the operation cash flows to ensure adequate working capital funds and repayment schedule is met.
