[ET Net News Agency, 15 January 2018] Sling Group Holdings (08285) said its retail
offering was over-subscribed by about 251 times and the placing was moderately
over-subscribed.
The offer price has been determined at HK$0.43 per share. The estimated net proceeds
amount to about HK$31 million.
Dealings in shares of Sling Group are expected to commence tomorrow morning, with a
board lot size of 5,000 shares each.
Sling Group Holdings is a women's handbag company ranked first in the online middle-end
women's handbag market in the PRC and had a market share of about 0.75% in the online
middle-end women's handbag market in terms of online retail sales revenue in 2016. (HL)