
ONEWO
Listing Date | 2022/09/29 |
Listing Price | 49.350 |
- Subscription Rate0.82x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
Listing Date | 2022/09/29 |
Listing Price | 49.350 |
Onewo Inc. is a property management service provider in China. According to Frost & Sullivan, the Group ranked first in the China’s property management services market in 2021 in terms of basic property management service revenue, holding a market share of 4.28%.
The Group have expanded business beyond property management and become a service provider with a growth model built upon the synergy of businesses across community, commercial and urban spaces, serving a diverse array of properties such as residential communities, workspaces and public premises. It has developed AIoT and BPaaS solutions aiming to digitalize workflows, mobilize resources and improve efficiency of the spaces it serves. Major customers of AIoT solution services include property developers, property managers and government and corporate clients.
The strategic partnership between the Group and China Vanke Group is a long-standing, mutually beneficial and complementary one, and its status as a trusted partner of China Vanke Group, particularly in terms of property management services, AIoT solutions, sales center and model room management services and home sale services, is readily apparent.
Market | Hong Kong (Main Board) |
Business Nature | Properties |
Major Business Area | China |
Board Lot | 100 |
No. of Offer Shares | 116.71M H shares |
No. of International Offer Shares | 107.18M H shares |
No. of HK Offer Shares | 9.53M H shares |
Offer Price | $47.10 - $52.70 |
Stock Code | 2602 |
Sponsor(s) | CLSA Capital Markets Limited, Citigroup Global Markets Asia Limited, Goldman Sachs (Asia) L.L.C. |
Underwriter(s) | -- |
Application Period | Sep 19 (Mon) - noon, Sep 22 (Thu) |
Price Determination Date | Sep 22 (Thu) |
Result Announcement Date | On or before Sep 28 (Wed) |
Result Announcement Date | On or before Sep 28 (Wed) |
Dealings in Shares commence on | Sep 29, 2022. (Thu) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $47.10 - $52.70 |
Capitalization | 54.97B - 61.51B |
NAV / share ($) | $6.23 - $6.78 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 49.9, the net proceeds raised would be HKD 5.70B, of which |
35% : Development of unique density-focused strategy in selected sub-districts of its “Onewo Town” model |
25% : Invest in the development of its AIoT and BPaaS solutions |
20% : To incubate Onewo ecosystem through acquisitions or investments in valueadded service providers |
10% : Attract and nurture talents |
10% : Working capital |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
Currency | : |
Listing Price | : |
Board Lot | : |
Admission Fee* |
: |
Subscribing Lot | : |
Subscribing Fee | : |
Subscribing Amount | : |