Page tour company Travel Holding Roadshow: $1.73 billion proposed

September 16 Morning News, according to Reuters, China's web game Research and Development and publishing company Roaming Holdings (Forgame) today began roadshow, is expected to be priced September 26, the Hong Kong Stock Exchange listed on October 3, plans to raise HK $1.73 billion.

According to the roaming holdings of sales documents, the listing code is 0484. HK, offering a price range of 43.5 to HK $55 per share, proposes to sell 31.37 million shares to raise funds for 13.6 to HK $1.73 billion. Of these, 65% of the proposed shares are new shares and 35% are old ones.

Roaming Holdings was founded in 2009 by the current five executive directors and senior management, including CEO Wangdong. Before the listing, the company has conducted two rounds of early stage financing and introduced many venture capital and private equity funds. The IPO is the responsibility of China International finance and JPMorgan Chase.

According to the prospectus, the net profit for 2012 was 218 million yuan, adjusted net profit of 240 million yuan, income of 777 million yuan. The company mainly through the purchase of virtual props to earn revenue, its distribution platform 91wan has issued 20 independent research and development and 59 agent Web games, and has more than 179 million registered users.

At the same time, in the 2012-year web game development industry, the net income calculation, roaming Holdings ranked first, accounting for 24% market share.