New HK $3313.1 IPO admission fee

On the afternoon of April 15, Scarlett Group (01863) returned to the IPO tomorrow with an admission fee of HK $3313.1. In February, the company delayed its listing by a bad market, and, after cutting the IPO cap by 18%, will again open the IPO tomorrow. A public offering of 200 million shares, 180 million shares (90%) for placing, 20 million shares (10% per cent) for public sale and 15% excess rights for shares, is proposed for the IPO at 12 o'clock noon April from 16 to 21st. The IPO price is HK $3.28, with a fund-raising scale of HK $656 million.　　1000 shares per hand, admission fee of 3313.1 yuan. The purpose of the listing is: 35.1% for the development of Fuzhou production base two, expand the existing production base capacity and increase product portfolio; 28.8% to expand Sales network and distribution pipeline, brand building and product promotion; 22.3% for improving research and development capabilities; 3.8% hardware and software for upgrading ERP systems　　10% as an additional general operating capital. Si-ka group mainly produces high-strength polyester fiber polymer composite materials and other reinforced composite materials April 29 listing, the sponsor for the Send Jie Asia. (Yuet from Hong Kong)