Sunshine 100 raises $258 million in HK IPO - Reuters
Sunshine 100 China Holdings Ltd, a commercial and residential real estate developer in second and third-tier Chinese cities, raised about $258 million after pricing its Hong Kong initial public offering at the bottom of expectations, IFR reported. The company, which is backed by U.S. private equity firm Warburg Pincus, priced the IPO at HK$4.00 per share, compared with a marketing range of HK$4.00 to HK$4.80 each, added IFR, a Thomson Reuters publication.
6 March 2014•1 min read
