SF Holding raises US$749mn for Hong Kong listing - RTHK
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SF Holding raises US$749mn for Hong Kong listing

2024-11-25 HKT 11:59
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  • SF Holding had said about 45 percent of the funds raised in the listing would be spent on growing its international business. File photo: AFP
    SF Holding had said about 45 percent of the funds raised in the listing would be spent on growing its international business. File photo: AFP
Courier group SF Holding has said it raised US$749.3 million for its Hong Kong IPO after pricing its shares at HK$34.3 apiece.

The group made the announcement in a term sheet and is expected to announce details of its H share issue on Tuesday.

Trading in its shares is expected to begin on Wednesday morning under the stock code 6936.

Known for its flagship SF Express delivery business, SF Holding had said about 45 percent of the funds raised in the listing would be spent on growing its international business, especially across Southeast Asia. (Additional reporting by Reuters)

SF Holding raises US$749mn for Hong Kong listing