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IPO Detail
08549 金葉國際集團
GOLDEN LEAF INT
Listing Date2025/10/10
Listing Price0.500
 
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Subscription Result
  • Subscription Rate
    11,464.72x
  • Guarantee One Lot Size
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  • One Lot Success Rate
    0.5%
COMPANY PROFILE

Golden Leaf International Group is an established contractor in Hong Kong engaging in E&M engineering works, and its history can be traced back to 2006. The Group specialises in the supply, installation and maintenance of HVAC systems; electrical systems; and plumbing and drainage systems, on a project-by-project basis.

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The Group mainly acted as main contractor, and its projects were substantially private sector projects, in which the project owners were mainly sizeable property managers. The Group had a market share of approximately 1.3% in the overall HVAC works market in 2024.

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The commercial properties where the Group delivered its services are located across Hong Kong Island, Kowloon and New Territories, including Olympian City in Tai Kok Tsui, China Hong Kong City in Tsim Sha Tsui, Citywalk in Tsuen Wan, Hang Lung Centre in Causeway Bay, Fashion Walk in Causeway Bay, Peak Galleria at the Peak, AIA Tower in North Point, Metro Harbour Plaza in Tai Kok Tsui, The Center in Central, Taikoo Place in Quarry Bay, AIRSIDE in Kai Tak and the Metropolis Tower in Hung Hom.

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The Group had completed over 2,000 projects of various size in total. As at 31 July 2025, the Group had 187 projects on hand with backlog value of approximately HK$62.8 million. The Group’s customers were mainly sizeable property managers.

BASIC INFORMATION
MarketHong Kong (GEM)
Business NatureConstruction
Major Business AreaHong Kong
Board Lot5000
GLOBAL OFFERING
No. of Offer Shares100.00M shares
No. of Placing Shares90.00M shares
No. of Public Offer Shares10.00M shares
Offer Price$0.45 - $0.65
Stock Code8549
Sponsor(s)Alliance Capital Partners Limited
Underwriter(s)Alliance Capital Partners Limited, CMBC Securities Company Limited, China Industrial Securities International Capital Limited, First Shanghai Securities Limited, Patrons Securities Limited, Phillip Securities (Hong Kong) Limited, South China Securities Limited, SPDB International Capital Limited, uSmart Securities Limited
TIME TABLE
Application PeriodSep 30 (Tue) - noon, Oct 06 (Mon)
Price Determination DateOct 08 (Wed)
Result Announcement DateOn or before Oct 09 (Thu)
Result Announcement DateOn or before Oct 09 (Thu)
Result Announcement DateOn or before Oct 10 (Fri)
Dealings in Shares commence onOct 10, 2025. (Fri)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$0.45 - $0.65
Capitalization180.00M - 260.00M
NAV / share ($)$0.216 - $0.263 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 0.55, the net proceeds raised would be HKD 38.30M, of which
56.1% : Financing up-front costs for new projects
32.6% : Recruiting new staff members and leasing an additional office
1.3% : Upgrading “GL ERP” system
10% : Working capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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