Stevenson, Wong & Co. advised Lotus Horizon Holdings Limited (Stock Code: 6063) (“Lotus Horizon”) on its successful listing on the Main Board of The Stock Exchange of Hong Kong Limited on 15 April 2020. Lotus Horizon offered a total of 500 million shares priced at HK$0.25 per share, raising gross proceeds of approximately HK$125 million.
Lotus Horizon and its subsidiaries are a subcontractor engaged in the design, supply, and installation services for façade works and building metal finishing works projects in Hong Kong. They have completed various façade works and building metal finishing works projects for commercial properties, residential properties, and public facilities in Hong Kong, including large-scale public sector projects initiated by the Hong Kong Government and residential and commercial properties with distinguished and remarkable designs.
Our team was led by our partners Hank Lo and Cornelia Chu, supported by team members including Elly Woo (Associate) and Collina See (Paralegal).
The sole sponsor of the listing was Innovax Capital Limited. The sole bookrunner was Sunfund Securities Limited. The joint lead managers were Sunfund Securities Limited, Innovax Securities Limited, Sang Woo (Kirin) Securities Limited, First Fidelity Capital (International) Limited, and Realord Asia Pacific Securities Limited.