Building Services Company Primega Group Holdings (PGHL.US) IPO priced at $4 per share with plans to raise $7 million.

date
23/07/2024
avatar
GMT Eight
Hong Kong-based architectural services company Primega Group Holdings has priced its initial public offering (IPO) at $4 per share, issuing 1.8 million shares to raise $7 million (with 14% being a secondary offering). The company plans to list on Nasdaq with the stock ticker symbol "PGHL". Data shows that Primega Group Holdings operates through its subsidiary Jun Yu Engineering Limited, providing transportation services to the construction industry in Hong Kong, with main services including earth and stone transportation, diesel trading, and construction engineering. The company had a revenue of $11 million for the 12 months ending on September 30, 2023.

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