
GOLDEN LEAF INT
Listing Date | 2025/10/10 |
Listing Price | 0.500 |
- Subscription Rate11,464.72x
- Guarantee One Lot Size--
- One Lot Success Rate0.5%
Listing Date | 2025/10/10 |
Listing Price | 0.500 |
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.
Market | Hong Kong (GEM) |
Business Nature | Construction |
Major Business Area | Hong Kong |
Board Lot | 5000 |
No. of Offer Shares | 100.00M shares |
No. of Placing Shares | 90.00M shares |
No. of Public Offer Shares | 10.00M shares |
Offer Price | $0.45 - $0.65 |
Stock Code | 8549 |
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 |
Application Period | Sep 30 (Tue) - noon, Oct 06 (Mon) |
Price Determination Date | Oct 08 (Wed) |
Result Announcement Date | On or before Oct 09 (Thu) |
Result Announcement Date | On or before Oct 09 (Thu) |
Result Announcement Date | On or before Oct 10 (Fri) |
Dealings in Shares commence on | Oct 10, 2025. (Fri) |
Offer Price | $0.45 - $0.65 |
Capitalization | 180.00M - 260.00M |
NAV / share ($) | $0.216 - $0.263 (Unaudited pro forma adj NAV / share) |
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 |
10/10/2025 16:08 |
{New Stock}GOLDEN LEAF INT(08549) ends up 330% at HK$2.15 |
10/10/2025 09:20 |
{New Stock}GOLDEN LEAF INT(08549) opens up 500% at HK$3 |
09/10/2025 18:35 |
{New Stock}GOLDEN LEAF INT ends up 476% on grey market |
09/10/2025 16:20 |
{New Stock}GOLDEN LEAF INT up 518% at HK$3.09 on grey market |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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