ONC advised on the listing of China Saftower International Holding Group Limited

Dominic WaiPartner, ONC Lawyers

ONC has advised China Saftower International Holding Group Limited (Stock Code: 8623) on its share offer and listing of shares on GEM of The Stock Exchange of Hong Kong Limited. China Saftower International Holding Group Limited has a market capitalisation of HK$240 million at the time of the listing based on 800,000,000 shares in issue and an offer price of HK$0.30 per share.

China Saftower International Holding Group Limited is a regional manufacturer and supplier of wires and cables, with integrated production facilities situated in Chengdu and Guangyuan of Sichuan Province.

ONC team was led by Ms. Angel Wong (Partner) with the support from Ms. Karina Cho (Associate), Ms. Amanda Wu (Trainee Solicitor), Ms. Jovita Tam (Trainee Solicitor) and Ms. Stephanie Huang (Senior Paralegal).