[ET Net News Agency, 16 March 2018] Digital media company Stream Ideas Group Limited
(08401) said it intends to offer a total of 50 million shares, comprising of 5 million
shares under the public offer and 45 million shares under the placing, at an indicative
price ranging from HK$1 to HK$1.3 per share.
After deduction of relevant expenses and assuming an offer price of HK$1.15, proceeds
are estimated to be HK$31.4 million.
The public offering commenced today, and will end at noon on 21 March. Trading of Stream
Ideas' shares will begin on GEM of HKEx on 28 March.
Giraffe Capital is sole sponsor of the listing. (KL)