21 Jul 2017

Stevenson, Wong & Co. assisted Wealthy Way Group Limited (03848) in its successful listing on HKEx

SW has advised the sponsor and underwriters of Wealthy Way Group Limited (03848) (“Wealthy Way”) in the successful listing of Wealthy Way on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).

The shares of Wealthy Way were listed on the Stock Exchange on 21 July 2017. 36 million shares were offered, among which 32.4 million were offered for placing and 3.6 million for subscription by the public. The final offer price was HK$5.56 per offer share and the net proceeds amounted to approximately HK$173.1 million.

Wealthy Way is a financial leasing and advisory services provider based in Shenzhen, Guangdong Province, the PRC, primarily specialising in the provision of financial leasing services and advisory services for customers in the PRC. Since 2014, it has focused on certain specific industry segments with growth potential, such as airlines, health care service providers and energy saving equipment providers.

Please contact our Mr. Hank Lo and Ms. Erica Cheng for any enquiries or further information about this transaction.