Hong Kong ophthalmic company C-Mer Eye Care Holdings said on Tuesday it was aiming to raise up to HK$571 million (US$73.1 million) from an initial public offering later this month, and that a majority of the proceeds would be used to expand its mainland operations.
Of the about 197 million shares on offer, 10 per cent would be sold in the city, with the rest for sale on global markets. The Hong Kong tranche is being offered at an indicative price range of HK$2.35 to HK$2.90, with the company...
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