Seacon Shipping was listed on HKEx
2023-03-30
Seacon Shipping successfully listed on the Main Board of the HKEx
On March 29, 2023, Seacon Shipping Group Holdings Limited ("Seacon Shipping") (02409.HK) was successfully listed on the Main Board of the Stock Exchange of Hong Kong. Seacon Shipping offered 125 million shares (before the exercise of over-allotment option) at an issue price of HK$3.27 per share, raising total proceeds of approximately HK$409 million.
Seacon Shipping is an integrated shipping service provider based in China that provides shipping services, including charter-in, control and ship management services. Intercontinental Shipping is the largest third-party ship management service provider based in China in 2021, based on the number of third-party owned vessels in its management.
The IPO was exclusively sponsored by ZTSC;
PwC provides audit services for them;
Allbright Law firm acted as PRC counsel to the issuer; Grandall Law Firm and Queenie W.S. Ng acted as Hong Kong counsel to the issuer;
Han Kun Law Offices acted as PRC counsel and Hong Kong counsel to the Sole Sponsor and the Underwriters;
Frost & Sullivan as its industry advisor.
