
BOARDWARE INTEL
Listing Date | 2022/07/15 |
Listing Price | 1.080 |
- Subscription Rate10.69x
- Guarantee One Lot Size20 lot
- One Lot Success Rate30.01%
Listing Date | 2022/07/15 |
Listing Price | 1.080 |
BoardWare Intelligence Technology headquartered in Macau, it is the leading company in the Macau IT solutions market. During operating history of over 10 years, it has been dedicated to providing reliable, end-to-end and high quality enterprise IT solutions to customers. In addition, it engages in the distribution and resale of hardware and software. It conducts distribution business in Hong Kong and resale business in Macau.
According to Frost & Sullivan, the market size of the IT solutions in Macau was valued at MOP1,618.5 million in 2021 and it ranked first in the IT solutions market in Macau in terms of revenue, with a market share of 25.8% in 2021.
By customer nature, under its enterprise IT solutions business, its customers are mainly end-users located in Macau. It also provides services and solutions to intermediaries such as solution companies. Its customer portfolio include renowned TMT companies, leading gaming and hotel brands, governmental bodies, education institutions, banks and financial institutions and other commercial customers.
Market | Hong Kong (Main Board) |
Business Nature | Software & Services |
Major Business Area | Macau |
Board Lot | 2000 |
No. of Offer Shares | 125.00M shares |
No. of International Offer Shares | 112.50M shares |
No. of HK Offer Shares | 12.50M shares |
Offer Price | $1.08 - $1.26 |
Stock Code | 1204 |
Sponsor(s) | China Tonghai Capital Limited |
Underwriter(s) | China Tonghai Securities Limited, Blackwell Global Securities Limited, BOCOM International Securities Limited, CCB International Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, Eddid Securities and Futures Limited, Fortune (HK) Securities Limited, Guotai Junan Securities (Hong Kong) Limited, Innovax Securities Limited, Zhongtai International Securities Limited, uSmart Securities Limited |
Application Period | Jun 29 (Wed) - noon, Jul 05 (Tue) |
Price Determination Date | Jul 05 (Tue) |
Result Announcement Date | On or before Jul 14 (Thu) |
Result Announcement Date | On or before Jul 14 (Thu) |
Dealings in Shares commence on | Jul 15, 2022. (Fri) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $1.08 - $1.26 |
Capitalization | 540.00M - 630.00M |
NAV / share ($) | $0.56 - $0.60 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 1.17, the net proceeds raised would be HKD 104.80M, of which |
30.4% : Funding the upfront costs of two enterprise IT solutions projects |
43.8% : Capturing business opportunities in the Greater Bay Area by the establishment of sales and operational teams |
15.8% : Strengthening product development capabilities by pursuing strategic partnership |
10% : 營運資金 |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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