Hong Kong-based provider of a variety of health supplements and cosmetics and skincare products which was founded by artist Roger Kwok, his sister Gammy Kwok and others, HERBS GROUP (02593.HK) 0.000 (0.000%) , announced the details of its IPO proposing to offer 33.3336 million shares globally, with Hong Kong public offering accounting for 10% and international offering accounting for 90%. The offer price ranged from $3.75 to $4.15 per share, and the entry fee for a board lot of 800 shares would be about $3,353.48. The IPO will start today (11th) and close at noon next Monday (16th). The stock is expected to be listed next Thursday (19th). The sole sponsor is ABC International.Related News G Sachs Lowers TP for MSCI China Index and CSI 300 Index by 5% and 4%, Still Recommends Overweight on A Shares and H SharesThe Company introduced 3 cornerstone investors to the listing, including Water Live Wealth, Vital Message and Ronald Yuen, which subscribed a total of $28 million worth of the Company's shares.(HK stocks quote is delayed for at least 15 mins.)
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