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PW Medtech Completes $180 Million Hong Kong IPO

publication date: Nov 11, 2013
PW Medtech Group Limited, a Beijing-based medical device company, completed a US$180 million IPO last week on the Hong Kong Exchange. The firm offered 400 million shares at a price of HK$3.18, raising HK$1.27 billion. PW Medtech offers orthopedic implants and infusion equipment. The company said it would allocate 30% of the proceeds to expand, a plan that includes making acquisitions and forming strategic alliances. More details....

Stock Symbol: (HK: 1358)

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