01947 美皓集團
MEIHAO GROUP
MEIHAO GROUP
| Listing Date | 2022/12/14 |
| Listing Price | 0.840 |
Quote
Subscription Result
- Subscription Rate41.31x
- Guarantee One Lot Size30 lot
- One Lot Success Rate6.14%
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Meihao Medical Group is the largest private dental service provider in Wenzhou in terms of revenue in 2021, which accounted for approximately 25.2% and 13.2% market share of the private and total dental service market in Wenzhou in 2021, respectively.
--
The Group generated revenue primarily from providing comprehensive dental services to individuals, covering primarily four dental sectors namely, general dentistry, reparative dentistry, implant dentistry and orthodontics and cosmetic dentistry.
--
The Group owned and operated a network of five private dental hospitals in Wenzhou, namely Wenzhou Hospital, Lucheng Hospital and Wenzhou Oral Care in Wenzhou City Area, Rui’an Branch Hospital in Rui’an City and Longgang Hospital in Longgang City. It operates business under the trade names of “溫州牙科”, “溫州鹿城口腔”, “龍港口腔” and “溫州口腔” in the PRC. As at 31 May 2022, it had 53 dentists, 74 nurses and 46 other medical professionals.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Health Care |
| Major Business Area | China |
| Board Lot | 5000 |
GLOBAL OFFERING
| No. of Offer Shares | 150.00M shares |
| No. of International Offer Shares | 105.00M shares |
| No. of HK Offer Shares | 45.00M shares |
| Offer Price | $0.84 - $1.00 |
| Stock Code | 1947 |
| Sponsor(s) | Innovax Capital Limited, Sinolink Securities (Hong Kong) Company Limited |
| Underwriter(s) | Innovax Securities Limited, WE Securities Limited, Sinolink Securities (Hong Kong) Company Limited, Guotai Junan Securities (Hong Kong) Limited, CCB International Capital Limited, CMBC Securities Company Limited, Tiger Brokers (HK) Global Limited, SDHG International Securities Limited, HGNH International Securities Co., Limited |
TIME TABLE
| Application Period | Nov 30 (Wed) - noon, Dec 06 (Tue) |
| Price Determination Date | Dec 06 (Tue) |
| Result Announcement Date | On or before Dec 13 (Tue) |
| Result Announcement Date | On or before Dec 13 (Tue) |
| Dealings in Shares commence on | Dec 14, 2022. (Wed) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $0.84 - $1.00 |
| Capitalization | 504.00M - 600.00M |
| NAV / share ($) | $0.29 - $0.33 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 0.92, the net proceeds raised would be HKD 87.40M, of which |
| 28.6% : Used for potential strategic acquisition of two dental hospitals in the PRC |
| 27% : Funding the capital expenditure and initial operating costs for the development of Wenzhou Oral Care |
| 14.1% : Funding the capital expenditure and initial operating costs for establishing Lucheng Children Hospital in Wenzhou |
| 10% : Working capital |
| 8.6% : Funding the capital expenditure and initial operating costs for establishing a dental clinic chain outside Wenzhou under a new trade name |
| 5.4% : Establishing a dentistry training center |
| 3.3% : Acquiring new dental devices and consumables |
| 3% : Renovating Wenzhou Hospital to expand its children dental department |
IPO NEWS
| 14/12/2022 16:08 |
| {New Stock}MEIHAO GROUP(01947) ends down 14.29% at HK$0.72 |
| 14/12/2022 09:20 |
| {New Stock}MEIHAO GROUP(01947) opens down 9.52% at HK$0.76 |
| 13/12/2022 18:35 |
| {New Stock} MEIHAO GROUP ends down 3.57% on grey market |
| 13/12/2022 16:20 |
| {New Stock} MEIHAO GROUP(01947) down 13.1% on grey market |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).