15 Mar 2016

Crosby Deal: Bank of Tianjin (1578.HK) IPO

Crosby is a Joint Bookrunner and Joint Lead Manager of Bank of Tianjin (1578.HK) IPO. Books are now open with below details.

Issuer:                  Bank of Tianjin Co., Ltd.
Type:                    H Share Initial Public Offering
Exchange:           Main Board of Hong Kong Stock Exchange (“SEHK”)
Stock Code:        1578.HK
Deal Offer Size:  90.9% new shares, 9.1% sale shares
Pre-shoe:              995.5 mn
Post-shoe:            1,144.8 mn
Offer Price:          $7.37 - $9.58 HKD
 
The expected timetable is outlined as follows (subject to changes):
 
Roadshow:              Tuesday, March 15, 2016 - Friday, March 18, 2016
Book Close:             Friday, March 18, 2016
Expected Pricing:   Friday, March 18, 2016
Expected Listing:   Wednesday, March 30, 2016
 
To apply for the shares, please contact Crosby's Sales & Trading team at (852) 3476 2898 before the relevant cut-off time.