Ning IPO and the stars way out.docVIP

 PAGE \* MERGEFORMAT 10 ‘Ning’ IPO and the star’s way out Li Ning Company Limited 28 in Hong Kong main board listed transactions, the amount of raised funds 4 and 5 billion. Worth noting that this is gymnastics prince Li Ning, single-handedly established businesses, is also the first Chinese sportswear company to IPO. Road Listing ‘Li Ning’s market timing is very good, has always been’ Li Ning ‘stronger than the sensitivity of the market. Now sports economy has not only stuck in the attention economy era, and need to rely on strength to go professional road. After the funds received Jige Yi, Li Ning Company to have four years to prepare for the 2008 Olympic business opportunities. ‘China Basketball Association Liu Yaping, deputy director of the Committee commented. According to the prospectus, Li Ning, the company will be in the international placing and public offer in the form of 246.516 million shares issued, of which 220 million shares for international placement, amount of money raised will be between 430 million -5.5 billion Hong Kong dollars, the shares were between the price of 1.76-2.23 Hong Kong dollars. Singapore Star Asia Finance Limited sponsor the Global Offering. Raise funds, net of expenses, about half of the funds for the expansion of retail network and brand promotion, and to prepare for the 80 million dollar strategic acquisitions and acquisition of other international brands in China’s regulatory powers or concessions. Founded the company retired from sports stars to the present through the capital market to pursue more development, Li Ning in 15 years to gradually mature company to do, do regulate. Former gymnastics prince finally completed his role in a complete transformation - from sports stars, the brand founder Chairman of listed companies. ‘In 97 years ago, Li Ning is a strong color of the privatization of the company, Li Ning, changed the status, demands relatives can not be with the company, while actively introduce internatio