Source: CCTV.com
06-18-2007 15:20
Special Report: HK 10 YearsTaiwan-based shoemaker Stella International plans to raise as much as 388 million U.S. dollars after setting a price range of 12.50 to 15 Hong Kong dollars for its July Hong Kong initial public offering.
Pricing is set for June 28, with a trading debut scheduled for July. Goldman Sachs, which is the sponsor of the deal, estimates Stella's 2007 net income to grow by 13 percent to 103 million U.S. dollars and jump 18 percent to 122 million U.S. dollars in 2008.
Editor:Li Yang
