Raised up to 150 million Hong Kong dollars.
Editor’s note: This article is from the micro-channel public number “IPO knew” (ID: ipozaozhidao) , Author: Uncle C. p>
According to the IPO, MOG Holdings Limited (“MOG”) will start offering shares on March 28. It plans to list on the Hong Kong Stock Exchange in mid-April and raise up to 150 million Hong Kong dollars. Sponsor. p>
MOG Holdings is an optical product retailer from Malaysia, providing a wide range of optical products, including lenses, frames, contact lenses and sunglasses (international brands, private labels, operating manufacturer brands). According to the IPSOS report, based on 2018 operating income, MOG Holdings is Malaysia’s second largest optical product retailer strong>, accounting for approximately 7.1% of the market share. p>
According to the prospectus, MOG Holdings’ retail network (including its 83 owns, 10 franchises, and 2 licensed retail stores) is located in central, southern, northern and eastern Peninsular Malaysia. The group has a total of 10 retail brands covering the high-end, mid-range and mass market segments of the Malaysian retail market for eyewear. In addition, the retail portfolio also includes retail brands focused on selling contact lenses. In August 2019, the group launched an online sales platform focused on selling its own branded frames to customers in Malaysia. p>