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GLO advises Satu Holdings Limited on its IPO and listing on the growth enterprise market of the Stock Exchange of Hong Kong Limited
2017-10-17

Satu Holdings Limited (“Satu”, Stock code:8392) commenced trading on the growth enterprise market of the Stock Exchange of Hong Kong Limited by the way of share offer on 16 October 2017. A total of 250,000,000 shares were issued in the offering and raised a total of approximately HK$32,000,000.

 

Satu principally engages in the design, development and production management of a wide variety of homeware products, which is broadly classified into three major categories, including home decorations, bathroom accessories and kitchenware and tableware. Since its inception, Satu has built a diverse global customer portfolio comprising international brand owners and licensee, chain supermarkets and renowned department stores.

 

Sunfund Capital Limited acted as the sole sponsor, Emperor Securities Limited and Sunfund Securities Limited acted as the underwriters for this IPO and listing. Global Law Office acted as the PRC legal counsel to the sole sponsor and underwriters. Our team consists of Mr. Chunhui Shen, our Shanghai-based partner, and Mr. Feng Gu and Ms. Yifei Chen.