Yesterday’s news, menswear brand tiger June 30 to July 9 offering, Lot 1000 shares, the offer price range of HK $ 3.35-4.4. The number of shares in the global offering of 120,000,000 shares, of which 10% of the Hong Kong Offering, the International Offering 90%. Tigers have said that the price assumption is HK $ 3.88 per Offer (ie the stated price range of HK $ 3.35-4.4 per Offer Share, the median), the net proceeds of the Global Offering will be approximately HK $ 391 million, according to the plan, these proceeds, approximately 27% is expected to be mainly used for branding and marketing, 20% used to improve research, design and product development capabilities, 20 percent was used to repay part of the bank loans, 13% for the expansion of the distribution network and as a distributor and its two distributors storefront renovation, 10% is mainly used to install the ERP system, and the remaining approximately 10% used for working capital and other general corporate purposes.
Men and development companies are listed
It is understood that the listing has become bogged down in winter menswear companies are an important way to get capital support. Tigers are just one of many brands in the men’s road leading to the listing, a member of Sea Orchid House in April this year, Keno technology to achieve success through the backdoor listing Qipai Men also expressed its readiness to 2015 listed.
Industry analysts believe that the reason why men’s passion for listed companies, which is hidden behind the competition in this area tends to intense reality. “To widen the gap, access to development opportunities, seek capital market support has become an essential tool. Listed are into garment enterprises seek greater development to a certain stage of development the only way.” Listed on enhancing awareness will also have a role.
Men’s listed companies is an opportunity and a challenge
However, the listing is not just for business opportunities is a greater challenge. Operation and management of enterprises listed on a higher capacity requirements, companies need to invest more, to accelerate internal construction. In addition, the share price performance affected by large listed companies to assume greater responsibility in order to achieve the desired result, its resistance to cold, branding, capacity, etc. must be tested.
