IPO Timeline
Broker Results (T-2)
2022-10-06
Some brokers release in afternoon
Grey Market (T-1)
2022-10-07
Afternoon
HKEX Allotment (T-1)
2022-10-07
Evening
Registrar Allotment (T-1)
2022-10-07
Evening
Listing Day (T)
2022-10-10
First day of trading
Company Overview
| Stock Name | GC CONSTRUCTION |
|---|---|
| Stock Code | 01489 |
| Company Full Name | GC CONSTRUCTION |
| Industry | 建筑 |
| Principal Activities | 主要於香港從事向公營或私營住宅、商業物業、基礎設施及公共設施發展提供泥水工程。 |
| Listing Date | 2022-10-10 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 香港九龍長沙灣道833號長沙灣廣場1期9樓909室 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://chankiu.hk/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2153 1688 |
| A-Share/US Dual Listing | No data |
Offering Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 0.50 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| Global Offering Shares | To be extracted |
| HK Public Offer Shares (Initial) | To be extracted |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | To be extracted |
| Offer Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 16.0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 12,500,000 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 5,000 | HK$ 2,500 |
| 2 lots | 10,000 | HK$ 5,000 |
| 3 lots | 15,000 | HK$ 7,500 |
| 4 lots | 20,000 | HK$ 10,000 |
| 5 lots | 25,000 | HK$ 12,500 |
| 6 lots | 30,000 | HK$ 15,000 |
| 7 lots | 35,000 | HK$ 17,500 |
| 8 lots | 40,000 | HK$ 20,000 |
| 9 lots | 45,000 | HK$ 22,500 |
| 10 lots | 50,000 | HK$ 25,000 |
| 15 lots | 75,000 | HK$ 37,500 |
| 20 lots | 100,000 | HK$ 50,000 |
| 25 lots | 125,000 | HK$ 62,500 |
| 30 lots | 150,000 | HK$ 75,000 |
| 40 lots | 200,000 | HK$ 100,000 |
| 60 lots | 300,000 | HK$ 150,000 |
| 80 lots | 400,000 | HK$ 200,000 |
| 100 lots | 500,000 | HK$ 250,000 |
| 150 lots | 750,000 | HK$ 375,000 |
| 200 lots | 1,000,000 | HK$ 500,000 |
| 250 lots | 1,250,000 | HK$ 625,000 |
| 400 lots | 2,000,000 | HK$ 1,000,000 |
| 500 lots | 2,500,000 | HK$ 1,250,000 |
| 800 lots | 4,000,000 | HK$ 2,000,000 |
| 1,250 lots | 6,250,000 | HK$ 3,125,000 |
| 1,500 lots | 7,500,000 | HK$ 3,750,000 |
| 2,000 lots | 10,000,000 | HK$ 5,000,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 2,500 lots | 12,500,000 | HK$ 6,250,000 |
Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 0.55 |
|---|---|
| First Day Open | HK$ 0.62 |
| First Day Change | 10.00% |
| First Day Volume | 50050000.0 |
| First Day Turnover | 30501400.0 |
Use of Proceeds
| Use of Proceeds | 1、約67.2百萬港元（相當于估計所得款項凈額約73.0%）將用于撥付本集團項目的前期成本； 2、約10.0百萬港元（相當于估計所得款項凈額約10.8%）將用于增加本集團人手及額外租用一間辦事處； 3、約2.7百萬港元（相當于估計所得款項凈額約2.9%）將用于購買機器及車輛； 4、約1.9百萬港元（相當于估計所得款項凈額約2.1%）將用于采購企業資源計劃系統； 5、約1.4百萬港元（相當于估計所得款項凈額約1.5%）將用于購買木板及底護板，以進一步加強本集團的職業安全； 6、約8.9百萬港元（相當于估計所得款項凈額約9.7%）將預留作本集團的一般營運資金。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
Grande Capital Limited CE BJK556
Overall Coordinators (1)
中国通海证券有限公司
Joint Bookrunners (2)
中国通海证券有限公司
Realord Asia Pacific Securities Limited CE AVJ441
Joint Lead Managers (5)
中国通海证券有限公司
Realord Asia Pacific Securities Limited CE AVJ441
CHIEF SECURITIES LIMITED CE BWN872
SINOMAX SECURITIES LIMITED CE AHC207
SDHG International Securities Limited CE ADY241
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Infinitus Wealth Limited | 10,000,000 HKD | — | 8.00% | — | 6 months | 2023-04-10 |
| 2 | 朱建兰 | 10,000,000 HKD | — | 8.00% | — | 6 months | 2023-04-10 |
Directors & Management
| Chairman | 陳橋森 |
|---|---|
| Company Secretary | 余子敖 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 陳橋森及家族成員(75%) |
|---|
Subscription Tiers
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